ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Short Interest Update

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,253 shares, a growth of 26,481.2% from the May 31st total of 16 shares. Based on an average trading volume of 6,073 shares, the short-interest ratio is currently 0.7 days. Currently, 1.3% of the shares of the company are sold short.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Performance

HDLB stock traded up $0.29 during midday trading on Thursday, reaching $16.37. The company had a trading volume of 5,103 shares, compared to its average volume of 2,682. The stock has a 50 day moving average price of $16.34 and a 200 day moving average price of $16.55. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a fifty-two week low of $14.33 and a fifty-two week high of $19.44.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 23rd. Investors of record on Friday, June 12th were issued a $0.0757 dividend. The ex-dividend date of this dividend was Friday, June 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.