ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Short Interest Down 96.9% in December

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 13 shares, a decrease of 96.9% from the November 30th total of 422 shares. Based on an average daily trading volume, of 1,358 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,358 shares, the days-to-cover ratio is presently 0.0 days.

ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Down 1.0%

BDCZ traded down $0.16 during midday trading on Wednesday, hitting $16.33. The company’s stock had a trading volume of 336 shares, compared to its average volume of 2,840. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 52-week low of $15.11 and a 52-week high of $20.42. The firm has a 50-day moving average price of $16.60 and a two-hundred day moving average price of $17.54.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 10th were issued a $0.4458 dividend. The ex-dividend date was Friday, October 10th. This is a positive change from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.44. This represents a $1.78 dividend on an annualized basis and a yield of 10.9%.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.