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 significant increase in short interest in June. As of June 30th, there was short interest totaling 213 shares, an increase of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,096 shares, the short-interest ratio is presently 0.1 days.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

Shares of NYSEARCA:BDCZ traded down $0.20 during mid-day trading on Friday, reaching $14.79. The stock had a trading volume of 2,948 shares, compared to its average volume of 1,311. The business’s 50 day moving average price is $14.91 and its 200 day moving average price is $15.43. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 1 year low of $12.92 and a 1 year high of $19.60.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, July 14th will be paid a $0.5323 dividend. This represents a $2.13 dividend on an annualized basis and a yield of 14.4%. The ex-dividend date of this dividend is Tuesday, July 14th. This is a positive change from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.45.

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.