Short Interest in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Declines By 6.7%

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 2,800 shares, a decrease of 6.7% from the January 15th total of 3,000 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is currently 1.1 days.

ETRACS Gold Shares Covered Call ETN Stock Performance

ETRACS Gold Shares Covered Call ETN stock traded up $0.29 during midday trading on Tuesday, reaching $159.19. 3,026 shares of the company were exchanged, compared to its average volume of 3,551. The firm’s 50-day simple moving average is $156.13 and its 200-day simple moving average is $155.27. ETRACS Gold Shares Covered Call ETN has a 1 year low of $141.01 and a 1 year high of $160.75. The company has a market capitalization of $63.67 million, a price-to-earnings ratio of 204.14 and a beta of 0.10.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 21st will be issued a dividend of $1.9235 per share. The ex-dividend date of this dividend is Friday, February 21st. This is an increase 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%.

Hedge Funds Weigh In On 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 stake in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 0.38% of ETRACS Gold Shares Covered Call ETN worth $233,000 at the end of the most recent reporting period. 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.