ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Short Interest Update

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 206 shares, a decrease of 34.2% from the May 31st total of 313 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 275 shares, the short-interest ratio is currently 0.7 days.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance

Shares of NYSEARCA:IWFL opened at $59.74 on Thursday. ETRACS 2x Leveraged US Growth Factor TR ETN has a 52 week low of $41.72 and a 52 week high of $65.00. The company has a 50-day moving average price of $59.47 and a 200 day moving average price of $55.16.

About ETRACS 2x Leveraged US Growth Factor TR ETN

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.