ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,235 shares, a drop of 86.2% from the September 30th total of 16,210 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 2,689 shares, the short-interest ratio is presently 0.8 days.
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Down 0.5%
Shares of HDLB stock traded down $0.08 during trading hours on Tuesday, reaching $15.77. The company had a trading volume of 280 shares, compared to its average volume of 2,476. The business has a fifty day simple moving average of $16.58 and a 200-day simple moving average of $16.84. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 12 month low of $14.49 and a 12 month high of $19.44.
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, October 21st. Shareholders of record on Tuesday, October 13th were given a dividend of $0.2099 per share. This is a positive change from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.0505. The ex-dividend date of this dividend was Tuesday, October 13th.
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.
Read More
- Five stocks we like better than ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B
- Off-Price, High-Yield: Why Ross Stores Is Defying the Retail Slump
- Whirlpool’s Stock Collapse Raises a Bigger Question About Its Recovery Potential
- Analysts Turn Bullish on Meta Platforms Despite Post-Earnings Fall
- Approaching Earnings Season, Are Pure Play Quantum Stocks Still a Good Bet?
Receive News & Ratings for ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B and related companies with MarketBeat.com's FREE daily email newsletter.
