ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Sees Large Increase in Short Interest

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,683 shares, a growth of 717.0% from the June 15th total of 206 shares. Based on an average trading volume of 886 shares, the short-interest ratio is presently 1.9 days. Currently, 1.7% of the shares of the company are sold short.

ETRACS 2x Leveraged US Growth Factor TR ETN Trading Up 1.0%

ETRACS 2x Leveraged US Growth Factor TR ETN stock traded up $0.60 during trading hours on Friday, hitting $60.53. The stock had a trading volume of 361 shares, compared to its average volume of 320. The company has a 50-day moving average of $59.82 and a two-hundred day moving average of $55.30. ETRACS 2x Leveraged US Growth Factor TR ETN has a fifty-two week low of $41.72 and a fifty-two week high of $65.00.

About ETRACS 2x Leveraged US Growth Factor TR ETN

(Get Free Report)

The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.

Further Reading

Receive News & Ratings for ETRACS 2x Leveraged US Growth Factor TR ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS 2x Leveraged US Growth Factor TR ETN and related companies with MarketBeat.com's FREE daily email newsletter.