ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Sees Large Decrease in Short Interest

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 110 shares, a decrease of 60.4% from the January 15th total of 278 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,467 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 2,467 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Down 4.1%

NYSEARCA IWML traded down $1.14 during trading on Friday, hitting $26.24. The stock had a trading volume of 952 shares, compared to its average volume of 1,417. The stock has a 50 day simple moving average of $25.60 and a 200 day simple moving average of $23.32. ETRACS 2x Leveraged US Size Factor TR ETN has a one year low of $12.09 and a one year high of $28.05.

About ETRACS 2x Leveraged US Size Factor TR ETN

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.