ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Sees Significant Increase in Short Interest

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

ETRACS Silver Shares Covered Call ETN Trading Down 0.1%

Shares of NASDAQ SLVO traded down $0.10 during mid-day trading on Wednesday, hitting $79.50. 11,724 shares of the company traded hands, compared to its average volume of 25,809. The business has a 50 day moving average of $77.90 and a two-hundred day moving average of $78.13. ETRACS Silver Shares Covered Call ETN has a 1 year low of $72.60 and a 1 year high of $86.36.

ETRACS Silver Shares Covered Call ETN Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Wednesday, May 21st were given a dividend of $2.1554 per share. The ex-dividend date was Wednesday, May 21st. This is a positive change from ETRACS Silver Shares Covered Call ETN's previous monthly dividend of $1.29. This represents a $25.86 dividend on an annualized basis and a yield of 32.53%.

About ETRACS Silver Shares Covered Call ETN

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.