ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Update

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 306 shares, a drop of 12.3% from the December 31st total of 349 shares. Based on an average trading volume of 7,224 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 7,224 shares, the days-to-cover ratio is currently 0.0 days.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Price Performance

NYSEARCA BDCX opened at $22.82 on Tuesday. The company’s fifty day simple moving average is $24.35 and its 200-day simple moving average is $25.51. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 52 week low of $21.22 and a 52 week high of $34.77.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 22nd. Shareholders of record on Tuesday, January 13th were given a $0.7664 dividend. The ex-dividend date of this dividend was Tuesday, January 13th.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.