Short Interest in ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Decreases By 84.4%

ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 194 shares, a drop of 84.4% from the July 30th total of 1,242 shares. Based on an average trading volume of 1,406 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

ETRACS 2x Leveraged US Value Factor TR ETN Stock Performance

ETRACS 2x Leveraged US Value Factor TR ETN stock remained flat at $70.25 during mid-day trading on Friday. 997 shares of the company traded hands, compared to its average volume of 618. ETRACS 2x Leveraged US Value Factor TR ETN has a one year low of $42.77 and a one year high of $70.29. The company has a 50 day moving average of $66.53 and a 200 day moving average of $59.11.

ETRACS 2x Leveraged US Value Factor TR ETN Company Profile

The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.