Short Interest in ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Decreases By 99.8%

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 4 shares, a decrease of 99.8% from the May 14th total of 1,789 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 685 shares, the short-interest ratio is currently 0.0 days.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

Shares of ETRACS MarketVector Business Development Companies Liquid Index ETN stock opened at $14.95 on Wednesday. The firm has a fifty day moving average price of $15.17 and a 200 day moving average price of $15.79. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 1 year low of $13.85 and a 1 year high of $19.60.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Monday, April 13th were paid a $0.4526 dividend. The ex-dividend date was Monday, April 13th. This is a positive change from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.32. This represents a $1.81 dividend on an annualized basis and a dividend yield of 12.1%.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.