ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) Short Interest Up 120.0% in June

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 the month of June. As of June 30th, there was short interest totaling 22 shares, an increase of 120.0% from the June 15th total of 10 shares. Based on an average daily volume of 362 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

ETRACS 2x Leveraged US Dividend Factor TR ETN Trading Up 1.4%

NYSEARCA:SCDL traded up $0.74 during mid-day trading on Wednesday, hitting $54.85. The company had a trading volume of 12 shares, compared to its average volume of 358. The business has a fifty day simple moving average of $53.82 and a 200-day simple moving average of $49.97. ETRACS 2x Leveraged US Dividend Factor TR ETN has a 1 year low of $36.00 and a 1 year high of $55.90.

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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