Short Interest in ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Expands By 75.0%

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

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

NYSEARCA BDCX traded down $0.46 on Friday, hitting $19.60. The stock had a trading volume of 347 shares, compared to its average volume of 3,041. The business’s fifty day moving average price is $22.61 and its 200 day moving average price is $24.16. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 52-week low of $19.60 and a 52-week high of $32.56.

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

The firm also recently disclosed a dividend, which was paid on Thursday, January 22nd. Stockholders of record on Tuesday, January 13th were given a $0.7664 dividend. 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.