Short Interest in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Decreases By 6.7%

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,800 shares, a drop of 6.7% from the January 15th total of 3,000 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 1.1 days.

ETRACS Gold Shares Covered Call ETN Stock Performance

GLDI stock traded down $1.39 during midday trading on Monday, hitting $157.51. 3,026 shares of the company’s stock were exchanged, compared to its average volume of 3,551. ETRACS Gold Shares Covered Call ETN has a one year low of $141.01 and a one year high of $160.75. The stock’s fifty day moving average price is $156.13 and its 200-day moving average price is $155.27. The company has a market cap of $63.00 million, a PE ratio of 201.99 and a beta of 0.10.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 21st will be issued a dividend of $1.9235 per share. The ex-dividend date is Friday, February 21st. This is a boost from ETRACS Gold Shares Covered Call ETN’s previous dividend of $1.63. ETRACS Gold Shares Covered Call ETN’s payout ratio is 205.19%.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

An institutional investor recently raised its position in ETRACS Gold Shares Covered Call ETN stock. OLD Mission Capital LLC lifted its position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 105.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,877 shares of the company’s stock after buying an additional 4,563 shares during the period. OLD Mission Capital LLC owned about 2.22% of ETRACS Gold Shares Covered Call ETN worth $1,363,000 at the end of the most recent quarter. Institutional investors and hedge funds own 36.97% of the company’s stock.

ETRACS Gold Shares Covered Call ETN Company Profile

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.