ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Down 85.7% in February

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 4 shares, a decline of 85.7% from the January 29th total of 28 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,589 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 1,589 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Price Performance

BDCX stock traded up $0.54 during trading on Wednesday, hitting $21.69. The company had a trading volume of 1,039 shares, compared to its average volume of 3,182. The company has a fifty day moving average price of $23.41 and a two-hundred day moving average price of $24.72. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a fifty-two week low of $20.56 and a fifty-two week high of $34.01.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 22nd. Investors of record on Tuesday, January 13th were given a dividend of $0.7664 per share. The ex-dividend date was Tuesday, January 13th.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.