Short Interest in ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Decreases By 96.9%

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 13 shares, a decline of 96.9% from the November 30th total of 422 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,358 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,358 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Down 1.0%

Shares of BDCZ stock traded down $0.16 during trading hours on Thursday, reaching $16.33. 336 shares of the company’s stock were exchanged, compared to its average volume of 2,840. ETRACS MarketVector Business Development Companies Liquid Index ETN has a fifty-two week low of $15.11 and a fifty-two week high of $20.42. The business has a fifty day moving average price of $16.60 and a 200-day moving average price of $17.54.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 10th were given a dividend of $0.4458 per share. This represents a $1.78 dividend on an annualized basis and a yield of 10.9%. This is a boost from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend was Friday, October 10th.

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.