ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL) Short Interest Update

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTULGet Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 278 shares, a decrease of 75.8% from the July 30th total of 1,147 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,295 shares, the short-interest ratio is presently 0.2 days.

ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Stock Performance

Shares of MTUL traded down $0.01 during mid-day trading on Thursday, reaching $58.07. The company’s stock had a trading volume of 964 shares, compared to its average volume of 1,187. ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN has a 1-year low of $29.74 and a 1-year high of $74.40. The business has a 50-day simple moving average of $58.50 and a two-hundred day simple moving average of $49.43.

About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN

(Get Free Report)

The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.

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