ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Short Interest Update

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 60,500 shares, a drop of 23.2% from the March 15th total of 78,800 shares. Based on an average daily volume of 24,200 shares, the days-to-cover ratio is currently 2.5 days. Approximately 14.8% of the company’s stock are short sold.

ETRACS Silver Shares Covered Call ETN Stock Performance

Shares of ETRACS Silver Shares Covered Call ETN stock opened at $78.99 on Friday. ETRACS Silver Shares Covered Call ETN has a one year low of $72.60 and a one year high of $86.36. The stock’s 50-day moving average is $79.53 and its 200-day moving average is $78.95.

ETRACS Silver Shares Covered Call ETN Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 25th. Shareholders of record on Tuesday, April 22nd will be given a dividend of $2.0837 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from ETRACS Silver Shares Covered Call ETN’s previous dividend of $1.29.

About ETRACS Silver Shares Covered Call ETN

a ecorodovias é um dos maiores grupos de infraestrutura e logística integrada do país, que opera ativos de logística intermodal, concessões rodoviárias e serviços correlatos, de forma sustentável e socialmente responsável. estamos presentes nos estados de são paulo, rio de janeiro, espírito santo, paraná e rio grande do sul, com cerca de 4.500 colaboradores.