ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Sees Significant Increase in Short Interest

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 7 shares, an increase of 75.0% from the February 12th total of 4 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,820 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 1,820 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Down 0.2%

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN stock opened at $19.56 on Friday. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a twelve month low of $19.56 and a twelve month high of $32.56. The stock’s fifty day simple moving average is $22.51 and its 200-day simple moving average is $24.08.

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

The firm also recently declared a dividend, which was paid on Thursday, January 22nd. Shareholders of record on Tuesday, January 13th were issued a dividend of $0.7664 per share. The ex-dividend date of this dividend was Tuesday, January 13th.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Company Profile

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.