ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Short Interest Update

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 16 shares, a decrease of 98.8% from the May 14th total of 1,355 shares. Based on an average daily volume of 1,868 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Price Performance

Shares of NYSEARCA:HDLB traded up $0.48 during trading on Tuesday, reaching $16.29. 913 shares of the stock were exchanged, compared to its average volume of 2,574. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1-year low of $14.33 and a 1-year high of $19.44. The stock has a fifty day moving average of $16.56 and a two-hundred day moving average of $16.49.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Friday, June 12th will be given a dividend of $0.0757 per share. The ex-dividend date of this dividend is Friday, June 12th.

About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.