Short Interest in ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Increases By 93.2%

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO - Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 45,600 shares, a growth of 93.2% from the April 30th total of 23,600 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 32,400 shares, the days-to-cover ratio is presently 1.4 days.

ETRACS Silver Shares Covered Call ETN Stock Down 0.1%

Shares of SLVO stock traded down $0.05 on Tuesday, reaching $79.20. The company had a trading volume of 27,600 shares, compared to its average volume of 26,494. ETRACS Silver Shares Covered Call ETN has a one year low of $72.60 and a one year high of $86.36. The business's 50-day moving average is $77.96 and its 200 day moving average is $78.12.

ETRACS Silver Shares Covered Call ETN Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Wednesday, May 21st were issued a dividend of $2.1554 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This is an increase from ETRACS Silver Shares Covered Call ETN's previous monthly dividend of $1.29. This represents a $25.86 annualized dividend and a yield of 32.66%.

ETRACS Silver Shares Covered Call ETN Company Profile

a ecorodovias é um dos maiores grupos de infraestrutura e logística integrada do país, que opera ativos de logística intermodal, concessões rodoviárias e serviços correlatos, de forma sustentável e socialmente responsável. estamos presentes nos estados de são paulo, rio de janeiro, espírito santo, paraná e rio grande do sul, com cerca de 4.500 colaboradores.