Short Interest in ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Declines By 95.3%

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 100 shares, a decrease of 95.3% from the April 15th total of 2,108 shares. Based on an average daily volume of 1,311 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Down 1.4%

HDLB stock traded down $0.24 on Monday, hitting $16.33. The company’s stock had a trading volume of 1,470 shares, compared to its average volume of 2,295. The firm has a 50 day moving average of $17.22 and a two-hundred day moving average of $16.36. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1 year low of $14.33 and a 1 year high of $19.44.

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

The firm also recently declared a dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be given a $0.2139 dividend. This is a positive change from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.17. The ex-dividend date is Wednesday, May 13th.

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.