ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Update

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 5,300 shares, an increase of 1,225.0% from the April 30th total of 400 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is currently 0.6 days.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of NASDAQ GLDI remained flat at $160.23 during mid-day trading on Friday. The company had a trading volume of 6,394 shares, compared to its average volume of 4,476. The business's fifty day moving average is $161.86 and its 200 day moving average is $158.15. ETRACS Gold Shares Covered Call ETN has a 52-week low of $141.74 and a 52-week high of $166.79. The company has a market capitalization of $112.16 million, a price-to-earnings ratio of 205.48 and a beta of 0.10.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 27th. Investors of record on Wednesday, May 21st were issued a dividend of $3.8575 per share. The ex-dividend date was Wednesday, May 21st. This is an increase from ETRACS Gold Shares Covered Call ETN's previous monthly dividend of $2.87. This represents a $46.29 annualized dividend and a dividend yield of 28.89%. ETRACS Gold Shares Covered Call ETN's dividend payout ratio (DPR) is currently 205.19%.

Institutional Investors Weigh In On ETRACS Gold Shares Covered Call ETN

An institutional investor recently raised its position in ETRACS Gold Shares Covered Call ETN stock. Jaffetilchin Investment Partners LLC raised its holdings in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,521 shares of the company's stock after acquiring an additional 75 shares during the quarter. Jaffetilchin Investment Partners LLC owned 0.38% of ETRACS Gold Shares Covered Call ETN worth $233,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 36.97% of the company's stock.

ETRACS Gold Shares Covered Call ETN Company Profile

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand's success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.