ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Short Interest Down 58.3% in June

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 334 shares, a drop of 58.3% from the May 31st total of 801 shares. Based on an average daily volume of 1,035 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Down 6.9%

IWML stock traded down $2.28 during trading on Tuesday, hitting $30.82. 543 shares of the company’s stock traded hands, compared to its average volume of 801. ETRACS 2x Leveraged US Size Factor TR ETN has a 52 week low of $18.14 and a 52 week high of $37.81. The stock has a fifty day moving average price of $30.70 and a two-hundred day moving average price of $27.23.

About ETRACS 2x Leveraged US Size Factor TR ETN

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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