ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Short Interest Up 162.0% in April

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 262 shares, an increase of 162.0% from the April 15th total of 100 shares. Based on an average daily volume of 1,250 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Performance

IWML stock opened at $30.46 on Friday. ETRACS 2x Leveraged US Size Factor TR ETN has a 1-year low of $16.50 and a 1-year high of $31.01. The business has a fifty day moving average price of $26.19 and a 200-day moving average price of $25.28.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.