Short Interest in ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) Drops By 58.5%

ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 39 shares, a decrease of 58.5% from the April 30th total of 94 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 173 shares, the short-interest ratio is currently 0.2 days.

ETRACS 2x Leveraged US Dividend Factor TR ETN Trading Down 1.9%

ETRACS 2x Leveraged US Dividend Factor TR ETN stock traded down $1.02 during trading hours on Monday, hitting $53.62. The stock had a trading volume of 238 shares, compared to its average volume of 298. The company has a 50-day moving average of $51.16 and a two-hundred day moving average of $46.73. ETRACS 2x Leveraged US Dividend Factor TR ETN has a fifty-two week low of $35.28 and a fifty-two week high of $55.82.

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ETRACS 2x Leveraged US Dividend Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of 100 dividend-paying US companies. SCDL was launched on Feb 5, 2021 and is issued by ETRACS.

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