ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Down 46.8% in July

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 10,700 shares, adropof46.8% from the July 15th total of 20,100 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is currently 1.2 days. Approximately1.5% of the shares of the stock are sold short. Approximately1.5% of the shares of the stock are sold short. Based on an average trading volume of 9,000 shares, the short-interest ratio is currently 1.2 days.

ETRACS Gold Shares Covered Call ETN Price Performance

ETRACS Gold Shares Covered Call ETN stock opened at $159.27 on Wednesday. The stock’s fifty day moving average price is $160.45 and its two-hundred day moving average price is $160.47. ETRACS Gold Shares Covered Call ETN has a one year low of $150.02 and a one year high of $166.79. The firm has a market cap of $111.49 million, a PE ratio of 204.25 and a beta of 0.10.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Wednesday, August 20th will be paid a dividend of $1.3444 per share. The ex-dividend date is Wednesday, August 20th. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is 205.19%.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Jaffetilchin Investment Partners LLC boosted its stake in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 151.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,821 shares of the company’s stock after acquiring an additional 2,300 shares during the period. Jaffetilchin Investment Partners LLC owned 0.55% of ETRACS Gold Shares Covered Call ETN worth $618,000 at the end of the most recent reporting period. 36.97% of the stock is owned by institutional investors.

About ETRACS Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.