ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Trading Down 0.7% - Here's Why

Key Points

• ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) experienced a share price decline of 0.7%, trading between $80.84 and $81.32 during Thursday's session.
• The firm recently declared a $1.0595 monthly dividend with an annualized yield of 15.6% for stockholders of record as of July 22nd.
• Trading volume decreased by 2% from the average, with a total of 26,861 shares changing hands.

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO - Get Free Report)'s share price traded down 0.7% during trading on Thursday . The company traded as low as $80.84 and last traded at $81.32. 26,861 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 27,321 shares. The stock had previously closed at $81.92.

ETRACS Silver Shares Covered Call ETN Price Performance

The business has a fifty day simple moving average of $81.42 and a 200 day simple moving average of $79.68.

ETRACS Silver Shares Covered Call ETN Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 25th. Stockholders of record on Tuesday, July 22nd were paid a dividend of $1.0595 per share. This represents a c) annualized dividend and a dividend yield of 15.3%. The ex-dividend date of this dividend was Tuesday, July 22nd.

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.