Short Interest in ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI) Drops By 40.5%

ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOIGet Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 52,567 shares, a decrease of 40.5% from the April 30th total of 88,364 shares. Based on an average daily trading volume, of 77,104 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.9% of the shares of the stock are short sold.

ETRACS Crude Oil Shares Covered Call ETN Stock Performance

Shares of USOI stock opened at $54.46 on Tuesday. ETRACS Crude Oil Shares Covered Call ETN has a twelve month low of $45.83 and a twelve month high of $61.30. The business has a fifty day simple moving average of $56.69 and a 200 day simple moving average of $52.27.

ETRACS Crude Oil Shares Covered Call ETN Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 20th were given a $2.8511 dividend. The ex-dividend date was Wednesday, May 20th. This represents a c) annualized dividend and a yield of 62.8%.

Hedge Funds Weigh In On ETRACS Crude Oil Shares Covered Call ETN

A hedge fund recently bought a new stake in ETRACS Crude Oil Shares Covered Call ETN stock. Sound Income Strategies LLC bought a new stake in ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOIFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,458 shares of the company’s stock, valued at approximately $83,000.

About ETRACS Crude Oil Shares Covered Call ETN

(Get Free Report)

agora temos um novo jeito de nos comunicar com você: o linkedin. tudo para facilitar a sua vida e trazer mais comodidade e facilidade para o seu dia a dia. prático, moderno, digital. o banese é do seu jeito! fale com a gente através dos nossos canais de atendimento e acompanhe nossas redes sociais. facebook —> www.facebook.com/banese/ instagram —> www.instagram.com/banese/ youtube —> www.youtube.com/user/bancobanese site —> http://www.banese.com.br/ alô banese —> 0800 284 3218 ou 3218 2020.

Further Reading

Receive News & Ratings for ETRACS Crude Oil Shares Covered Call ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Crude Oil Shares Covered Call ETN and related companies with MarketBeat.com's FREE daily email newsletter.