Short Interest in ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Grows By 246.2%

Key Points

• Short interest for ETRACS Silver Shares Covered Call ETN surged by 246.2% in July, increasing from 1,300 shares to 4,500 shares as of July 15th.
• The stock opened at $81.97 with a 12-month low of $72.60 and a high of $86.02, indicating fluctuations in price performance.
• Stockholders received a monthly dividend of $1.0595 on July 25th, reflecting a substantial 15.5% dividend yield.

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO - Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 4,500 shares, anincreaseof246.2% from the June 30th total of 1,300 shares. Based on an average daily volume of 29,500 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 29,500 shares, the short-interest ratio is presently 0.2 days.

ETRACS Silver Shares Covered Call ETN Trading Up 0.5%

Shares of ETRACS Silver Shares Covered Call ETN stock traded up $0.40 during trading on Wednesday, reaching $84.02. The company's stock had a trading volume of 17,110 shares, compared to its average volume of 26,897. The business's fifty day moving average price is $81.65 and its 200-day moving average price is $79.75. ETRACS Silver Shares Covered Call ETN has a one year low of $72.60 and a one year high of $86.02.

ETRACS Silver Shares Covered Call ETN Cuts Dividend

The business 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 15.1%. 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.