ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL) Short Interest Update

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 278 shares, a drop of 75.8% from the July 30th total of 1,147 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,295 shares, the short-interest ratio is presently 0.2 days.

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Trading Down 0.0%

Shares of NYSEARCA:MTUL traded down $0.01 during trading on Thursday, reaching $58.07. 964 shares of the stock were exchanged, compared to its average volume of 1,187. ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN has a 12 month low of $29.74 and a 12 month high of $74.40. The stock has a 50-day moving average price of $58.50 and a 200-day moving average price of $49.43.

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Company Profile

The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.