ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 616 shares, a decrease of 72.4% from the October 15th total of 2,235 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,333 shares, the days-to-cover ratio is currently 0.5 days.
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Performance
HDLB stock traded up $0.20 during mid-day trading on Friday, hitting $16.94. The company had a trading volume of 1,103 shares, compared to its average volume of 2,414. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 12 month low of $14.23 and a 12 month high of $19.44. The stock’s fifty day moving average price is $16.21 and its two-hundred day moving average price is $16.92.
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, November 20th. Stockholders of record on Thursday, November 12th will be given a dividend of $0.1494 per share. This represents a $1.79 dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend is Thursday, November 12th.
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.
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