ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) Short Interest Update

by · The Cerbat Gem

ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 1,187 shares, an increase of 2,139.6% from the July 15th total of 53 shares. Based on an average daily volume of 541 shares, the short-interest ratio is presently 2.2 days. Approximately 0.8% of the company’s shares are sold short.

ETRACS 2x Leveraged US Dividend Factor TR ETN Price Performance

Shares of SCDL traded up $0.33 during trading hours on Tuesday, reaching $60.80. The company’s stock had a trading volume of 166 shares, compared to its average volume of 390. The company has a 50 day moving average of $55.46 and a two-hundred day moving average of $52.14. ETRACS 2x Leveraged US Dividend Factor TR ETN has a 1-year low of $36.19 and a 1-year high of $60.95.

ETRACS 2x Leveraged US Dividend Factor TR ETN Company Profile

(Get Free Report)

The ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of 100 dividend-paying US companies. SCDL was launched on Feb 5, 2021 and is issued by ETRACS.

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