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

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) saw a significant growth in short interest in the month of 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 company’s shares are sold short. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is currently 3.7 days.

ETRACS Silver Shares Covered Call ETN Trading Up 0.1 %

NASDAQ:SLVO opened at $81.69 on Thursday. The firm’s fifty day simple moving average is $79.38 and its 200 day simple moving average is $79.14. ETRACS Silver Shares Covered Call ETN has a twelve month low of $72.85 and a twelve month high of $86.36.

ETRACS Silver Shares Covered Call ETN Increases Dividend

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

ETRACS Silver Shares Covered Call ETN Company Profile

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