ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Up 168.6% in June

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCXGet Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 5,694 shares, a growth of 168.6% from the June 15th total of 2,120 shares. Based on an average trading volume of 2,711 shares, the short-interest ratio is presently 2.1 days. Approximately 1.9% of the shares of the company are short sold.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Trading Up 1.2%

Shares of NYSEARCA:BDCX traded up $0.23 during mid-day trading on Wednesday, reaching $19.61. The company had a trading volume of 275 shares, compared to its average volume of 3,277. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a one year low of $17.90 and a one year high of $30.34. The company’s 50-day moving average price is $20.10 and its 200-day moving average price is $21.29.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, July 14th will be given a $1.1716 dividend. This is an increase from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $1.03. The ex-dividend date of this dividend is Tuesday, July 14th.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

(Get Free Report)

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.

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