Short Interest in ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Declines By 49.5%

ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 95 shares, a decline of 49.5% from the January 29th total of 188 shares. Based on an average trading volume of 526 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 526 shares, the short-interest ratio is currently 0.2 days.

ETRACS 2x Leveraged US Value Factor TR ETN Price Performance

IWDL traded up $0.02 on Friday, hitting $54.43. 291 shares of the company were exchanged, compared to its average volume of 425. The firm has a fifty day simple moving average of $51.76 and a two-hundred day simple moving average of $47.58. ETRACS 2x Leveraged US Value Factor TR ETN has a 12 month low of $30.21 and a 12 month high of $54.45.

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.