ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Short Interest Down 38.4% in June

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 6,548 shares, a drop of 38.4% from the May 31st total of 10,622 shares. Based on an average daily trading volume, of 22,571 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Trading Up 1.0%

Shares of ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B stock traded up $0.04 on Thursday, reaching $4.20. 22,167 shares of the stock were exchanged, compared to its average volume of 23,208. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 1-year low of $3.36 and a 1-year high of $5.01. The business has a fifty day moving average price of $3.90 and a two-hundred day moving average price of $3.96.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 23rd. Investors of record on Friday, June 12th were paid a $0.048 dividend. The ex-dividend date was Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 13.7%.

About ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.