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

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 801 shares, an increase of 215.4% from the May 14th total of 254 shares. Based on an average daily volume of 581 shares, the short-interest ratio is presently 1.4 days. Currently, 0.4% of the company’s shares are short sold.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Up 1.4%

IWML stock opened at $32.03 on Friday. ETRACS 2x Leveraged US Size Factor TR ETN has a 52 week low of $17.26 and a 52 week high of $32.53. The firm’s fifty day moving average is $29.18 and its 200 day moving average is $26.47.

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ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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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.

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