ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Sees Large Growth in Short Interest

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 9,100 shares, an increase of 46.8% from the February 28th total of 6,200 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.3% of the shares of the company are short sold.

ETRACS Gold Shares Covered Call ETN Trading Up 0.0 %

Shares of ETRACS Gold Shares Covered Call ETN stock traded up $0.05 during trading hours on Monday, reaching $161.80. The stock had a trading volume of 6,785 shares, compared to its average volume of 3,072. ETRACS Gold Shares Covered Call ETN has a twelve month low of $141.74 and a twelve month high of $163.48. The firm has a market capitalization of $64.72 million, a PE ratio of 207.50 and a beta of 0.10. The stock’s 50 day moving average is $158.36 and its 200 day moving average is $156.47.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were issued a dividend of $0.8853 per share. The ex-dividend date of this dividend was Thursday, March 20th. 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. Jaffetilchin Investment Partners LLC lifted its stake in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,521 shares of the company’s stock after purchasing an additional 75 shares during the quarter. Jaffetilchin Investment Partners LLC owned about 0.38% of ETRACS Gold Shares Covered Call ETN worth $233,000 at the end of the most recent reporting period. 36.97% of the stock is owned by institutional investors and hedge funds.

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.