Short Interest in ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Increases By 215.4%

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 801 shares, an increase of 215.4% from the May 14th total of 254 shares. Based on an average trading volume of 581 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.4% of the shares of the company are sold short.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Performance

IWML opened at $32.03 on Friday. ETRACS 2x Leveraged US Size Factor TR ETN has a 12 month low of $17.26 and a 12 month high of $32.53. The stock’s 50 day moving average price is $29.18 and its 200 day moving average price is $26.47.

About ETRACS 2x Leveraged US Size Factor TR ETN

The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.