ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Short Interest Update

by · The Markets Daily

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,763 shares, a decrease of 69.6% from the July 15th total of 5,805 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 25,380 shares, the short-interest ratio is presently 0.1 days.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Performance

Shares of SMHB traded down $0.03 during mid-day trading on Friday, reaching $4.19. The company’s stock had a trading volume of 7,550 shares, compared to its average volume of 22,099. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 1-year low of $3.36 and a 1-year high of $4.92. The business has a 50-day simple moving average of $4.05 and a two-hundred day simple moving average of $3.97.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be paid a $0.0311 dividend. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date is Wednesday, August 12th.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Company Profile

(Get Free Report)

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.

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