ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Short Interest Update

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,059 shares, a drop of 24.9% from the January 29th total of 2,741 shares. Based on an average daily trading volume, of 1,277 shares, the short-interest ratio is presently 1.6 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 1,277 shares, the short-interest ratio is presently 1.6 days.

ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Up 1.5%

Shares of NYSEARCA:BDCZ traded up $0.23 during trading on Monday, hitting $15.09. The stock had a trading volume of 279 shares, compared to its average volume of 1,637. The firm’s fifty day moving average is $16.29 and its 200 day moving average is $16.81. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 12 month low of $14.69 and a 12 month high of $20.16.

ETRACS MarketVector Business Development Companies Liquid Index ETN Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 22nd. Investors of record on Tuesday, January 13th were paid a $0.3198 dividend. This represents a $1.28 annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Tuesday, January 13th.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.