ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Short Interest Update

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 100 shares, a decrease of 95.3% from the April 15th total of 2,108 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,311 shares, the days-to-cover ratio is presently 0.1 days.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Trading Up 1.0%

Shares of NYSEARCA HDLB traded up $0.17 during mid-day trading on Tuesday, reaching $16.50. The company had a trading volume of 643 shares, compared to its average volume of 2,276. The stock’s 50 day moving average is $17.22 and its 200-day moving average is $16.36. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a twelve month low of $14.33 and a twelve month high of $19.44.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.2139 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This is a boost from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.17.

About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.