ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Up 46.8% in March

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 9,100 shares, an increase of 46.8% from the February 28th total of 6,200 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 2.2 days. Currently, 2.3% of the shares of the stock are short sold.

ETRACS Gold Shares Covered Call ETN Trading Down 0.1 %

Shares of NASDAQ:GLDI traded down $0.21 during midday trading on Friday, reaching $161.31. 5,385 shares of the company were exchanged, compared to its average volume of 3,058. The stock has a market cap of $64.52 million, a PE ratio of 206.86 and a beta of 0.10. The business’s fifty day moving average is $158.36 and its two-hundred day moving average is $156.46. ETRACS Gold Shares Covered Call ETN has a one year low of $141.74 and a one year high of $162.91.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Thursday, March 20th were given a $0.8853 dividend. The ex-dividend date was Thursday, March 20th. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio is currently 205.19%.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

A hedge fund recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Jaffetilchin Investment Partners LLC boosted its holdings in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,521 shares of the company’s stock after purchasing an additional 75 shares during the quarter. Jaffetilchin Investment Partners LLC owned about 0.38% of ETRACS Gold Shares Covered Call ETN worth $233,000 as of its most recent SEC filing. 36.97% of the stock is owned by institutional investors.

About ETRACS Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.