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ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI) Stock Price Up 0.4% - Should You Buy?

ETRACS Crude Oil Shares Covered Call ETN logo with background

ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI - Get Free Report)'s stock price traded up 0.4% during mid-day trading on Friday . The company traded as high as $57.15 and last traded at $56.53. 191,620 shares changed hands during mid-day trading, an increase of 203% from the average session volume of 63,261 shares. The stock had previously closed at $56.31.

ETRACS Crude Oil Shares Covered Call ETN Price Performance

The stock has a fifty day simple moving average of $54.71 and a 200-day simple moving average of $60.22.

ETRACS Crude Oil Shares Covered Call ETN Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, June 20th will be issued a $2.0756 dividend. The ex-dividend date of this dividend is Friday, June 20th. This is an increase from ETRACS Crude Oil Shares Covered Call ETN's previous dividend of $0.85.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ETRACS Crude Oil Shares Covered Call ETN stock. OLD Mission Capital LLC bought a new position in shares of ETRACS Crude Oil Shares Covered Call ETN (NASDAQ:USOI - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 16,361 shares of the company's stock, valued at approximately $1,071,000. OLD Mission Capital LLC owned 2.87% of ETRACS Crude Oil Shares Covered Call ETN at the end of the most recent reporting period.

About ETRACS Crude Oil Shares Covered Call ETN

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Further Reading

Should You Invest $1,000 in ETRACS Crude Oil Shares Covered Call ETN Right Now?

Before you consider ETRACS Crude Oil Shares Covered Call ETN, you'll want to hear this.

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