ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Stock Short Interest Report for October

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 6,273 shares, a growth of 367.1% from the September 30th total of 1,343 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 122,864 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

A hedge fund 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% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,079 shares of the company’s stock after buying an additional 1,353 shares during the quarter. Claris Financial LLC owned approximately 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 as of its most recent SEC filing. 36.97% of the stock is owned by hedge funds and other institutional investors.

ETRACS Gold Shares Covered Call ETN Trading Down 0.7%

GLDI opened at $136.00 on Friday. The company’s 50 day moving average is $144.12 and its 200-day moving average is $157.95. ETRACS Gold Shares Covered Call ETN has a 1-year low of $134.28 and a 1-year high of $183.61. The company has a market cap of $136 million, a P/E ratio of 174.41 and a beta of 0.15.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 26th. Investors of record on Wednesday, October 21st were paid a $1.9854 dividend. This represents a $23.82 annualized dividend and a yield of 17.5%. The ex-dividend date of this dividend was Wednesday, October 21st. This is a negative change from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $2.4852. ETRACS Gold Shares Covered Call ETN’s payout ratio is currently 205.19%.

ETRACS Gold Shares Covered Call ETN Company Profile

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.