ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Update

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 349 shares, a growth of 1,296.0% from the December 15th total of 25 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 3,453 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 3,453 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Price Performance

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN stock traded down $0.14 during trading hours on Monday, reaching $24.69. The company had a trading volume of 16,011 shares, compared to its average volume of 7,630. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 12-month low of $21.22 and a 12-month high of $34.77. The company has a 50-day moving average price of $24.16 and a 200 day moving average price of $26.12.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 22nd. Investors of record on Tuesday, January 13th will be issued a dividend of $0.7664 per share. The ex-dividend date is Tuesday, January 13th.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.