ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Short Interest Update

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 2,741 shares, a decrease of 20.2% from the January 15th total of 3,435 shares. Based on an average trading volume of 2,198 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 2,198 shares, the short-interest ratio is presently 1.2 days.

ETRACS MarketVector Business Development Companies Liquid Index ETN Trading Down 1.3%

Shares of NYSEARCA:BDCZ traded down $0.20 during mid-day trading on Friday, reaching $15.73. The company had a trading volume of 824 shares, compared to its average volume of 1,927. ETRACS MarketVector Business Development Companies Liquid Index ETN has a one year low of $15.00 and a one year high of $20.42. The company’s 50-day moving average price is $16.59 and its 200-day moving average price is $17.00.

ETRACS MarketVector Business Development Companies Liquid Index ETN Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Tuesday, January 13th were given a $0.3198 dividend. The ex-dividend date of this dividend was Tuesday, January 13th. This represents a $1.28 annualized dividend and a dividend yield of 8.1%.

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.