ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Shares Shorted: Short Interest Down 89.3% in September

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,343 shares, a decrease of 89.3% from the September 15th total of 12,519 shares. Based on an average daily trading volume, of 154,196 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

ETRACS Gold Shares Covered Call ETN Trading Up 1.3%

NASDAQ GLDI opened at $141.55 on Friday. The business has a fifty day simple moving average of $146.63 and a 200 day simple moving average of $152.71. ETRACS Gold Shares Covered Call ETN has a 12 month low of $138.40 and a 12 month high of $183.61. The firm has a market capitalization of $141.55 million, a P/E ratio of 181.53 and a beta of 0.15.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 26th. Investors of record on Wednesday, October 21st will be given a dividend of $1.9854 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This is a decrease from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $2.4852. This represents a $23.82 dividend on an annualized basis and a dividend yield of 16.8%. ETRACS Gold Shares Covered Call ETN’s payout ratio is 205.19%.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC grew its stake in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,079 shares of the company’s stock after acquiring an additional 1,353 shares during the period. Claris Financial LLC owned about 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 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. they also have concessions in john lewis stores nationwide and in david jones, australia.