Short Interest in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Decreases By 25.0%

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 2,100 shares, a decrease of 25.0% from the January 31st total of 2,800 shares. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is currently 0.8 days.

ETRACS Gold Shares Covered Call ETN Trading Up 0.5 %

GLDI traded up $0.84 during trading hours on Tuesday, hitting $156.74. 8,660 shares of the company’s stock were exchanged, compared to its average volume of 2,867. ETRACS Gold Shares Covered Call ETN has a 12-month low of $141.74 and a 12-month high of $160.75. The firm has a market cap of $62.70 million, a P/E ratio of 201.01 and a beta of 0.10. The firm has a 50 day moving average of $156.60 and a 200 day moving average of $155.67.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 21st were issued a dividend of $1.9235 per share. The ex-dividend date was Friday, February 21st. This is a boost from ETRACS Gold Shares Covered Call ETN’s previous dividend of $1.63. ETRACS Gold Shares Covered Call ETN’s payout ratio is 205.19%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Jaffetilchin Investment Partners LLC boosted its position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 5.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,521 shares of the company’s stock after acquiring an additional 75 shares during the period. 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. Institutional investors and hedge funds own 36.97% of the company’s stock.

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.