ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) Short Interest Up 120.0% in June

ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 22 shares, an increase of 120.0% from the June 15th total of 10 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 362 shares, the short-interest ratio is currently 0.1 days.

ETRACS 2x Leveraged US Dividend Factor TR ETN Price Performance

ETRACS 2x Leveraged US Dividend Factor TR ETN stock traded up $0.74 during trading on Wednesday, reaching $54.85. The company had a trading volume of 12 shares, compared to its average volume of 358. ETRACS 2x Leveraged US Dividend Factor TR ETN has a 12-month low of $36.00 and a 12-month high of $55.90. The stock’s 50 day moving average price is $53.82 and its two-hundred day moving average price is $49.97.

About ETRACS 2x Leveraged US Dividend Factor TR ETN

The ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of 100 dividend-paying US companies. SCDL was launched on Feb 5, 2021 and is issued by ETRACS.