Short Interest in ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Rises By 497.0%

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 78,800 shares, a growth of 497.0% from the February 28th total of 13,200 shares. Currently, 19.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,300 shares, the short-interest ratio is currently 3.7 days.

ETRACS Silver Shares Covered Call ETN Trading Up 0.1 %

SLVO traded up $0.06 on Wednesday, hitting $81.69. The company had a trading volume of 16,785 shares, compared to its average volume of 22,792. The business’s fifty day simple moving average is $79.28 and its 200 day simple moving average is $79.12. ETRACS Silver Shares Covered Call ETN has a 12-month low of $72.85 and a 12-month high of $86.36.

ETRACS Silver Shares Covered Call ETN Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were given a dividend of $1.2939 per share. The ex-dividend date was Thursday, March 20th. This is a positive change from ETRACS Silver Shares Covered Call ETN’s previous dividend of $1.06.

About ETRACS Silver Shares Covered Call ETN

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