ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Sees Large Increase in Short Interest

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 7 shares, a growth of 75.0% from the February 12th total of 4 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,820 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 1,820 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Trading Down 0.2%

Shares of NYSEARCA BDCX traded down $0.04 during trading on Friday, reaching $19.56. The company had a trading volume of 656 shares, compared to its average volume of 3,048. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 52 week low of $19.56 and a 52 week high of $32.56. The business’s 50 day moving average price is $22.51 and its 200-day moving average price is $24.08.

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

The business also recently announced a dividend, which was paid on Thursday, January 22nd. Shareholders of record on Tuesday, January 13th were paid a $0.7664 dividend. The ex-dividend date of this dividend was 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.