ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Update

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 6,200 shares, an increase of 195.2% from the February 13th total of 2,100 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.6% of the company’s shares are short sold.

ETRACS Gold Shares Covered Call ETN Price Performance

Shares of GLDI traded up $1.37 during trading hours on Thursday, hitting $159.43. 2,614 shares of the stock were exchanged, compared to its average volume of 2,939. ETRACS Gold Shares Covered Call ETN has a fifty-two week low of $141.74 and a fifty-two week high of $160.75. The business has a 50-day moving average of $157.17 and a 200-day moving average of $155.84. The firm has a market capitalization of $63.77 million, a P/E ratio of 204.32 and a beta of 0.10.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th will be given a dividend of $0.8853 per share. The ex-dividend date of this dividend is Thursday, March 20th. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is presently 205.19%.

Institutional Investors Weigh In On ETRACS Gold Shares Covered Call ETN

An institutional investor recently raised its position in ETRACS Gold Shares Covered Call ETN stock. OLD Mission Capital LLC lifted its position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 105.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,877 shares of the company’s stock after buying an additional 4,563 shares during the quarter. OLD Mission Capital LLC owned about 2.22% of ETRACS Gold Shares Covered Call ETN worth $1,363,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 36.97% of the company’s stock.

ETRACS Gold Shares Covered Call ETN Company Profile

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.