Short Interest in ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Drops By 58.3%

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 334 shares, a drop of 58.3% from the May 31st total of 801 shares. Based on an average daily volume of 1,035 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 0.3%

ETRACS 2x Leveraged US Size Factor TR ETN stock traded down $0.09 during mid-day trading on Monday, hitting $33.10. The company’s stock had a trading volume of 187 shares, compared to its average volume of 804. The stock’s fifty day moving average price is $30.56 and its two-hundred day moving average price is $27.12. ETRACS 2x Leveraged US Size Factor TR ETN has a twelve month low of $18.14 and a twelve month high of $37.81.

About ETRACS 2x Leveraged US Size Factor TR ETN

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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