ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Short Interest Up 88.3% in September

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 85,300 shares, an increase of 88.3% from the August 31st total of 45,300 shares. Based on an average trading volume of 30,800 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 30,800 shares, the short-interest ratio is currently 2.8 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ETRACS Silver Shares Covered Call ETN stock. Claris Financial LLC acquired a new stake in shares of ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 19,530 shares of the company’s stock, valued at approximately $1,564,000. ETRACS Silver Shares Covered Call ETN comprises 1.2% of Claris Financial LLC’s holdings, making the stock its 19th largest position. Claris Financial LLC owned approximately 0.85% of ETRACS Silver Shares Covered Call ETN as of its most recent filing with the Securities & Exchange Commission.

ETRACS Silver Shares Covered Call ETN Price Performance

ETRACS Silver Shares Covered Call ETN stock opened at $92.70 on Friday. ETRACS Silver Shares Covered Call ETN has a fifty-two week low of $72.60 and a fifty-two week high of $93.00. The firm has a fifty day moving average price of $86.80 and a two-hundred day moving average price of $82.19.

ETRACS Silver Shares Covered Call ETN Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 22nd were given a dividend of $1.252 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 16.2%.

About ETRACS Silver Shares Covered Call ETN

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.