ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Up 46.8% in March

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Get Free Report) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 9,100 shares, a growth of 46.8% from the February 28th total of 6,200 shares. Approximately 2.3% of the company's stock are short sold. Based on an average daily volume of 4,100 shares, the short-interest ratio is presently 2.2 days.

Institutional Trading of 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 lifted its holdings in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,521 shares of the company's stock after buying 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 Trading Down 0.2 %

NASDAQ GLDI traded down $0.29 on Thursday, hitting $161.50. 14,107 shares of the stock traded hands, compared to its average volume of 3,147. The stock has a 50-day moving average of $158.71 and a 200 day moving average of $156.63. ETRACS Gold Shares Covered Call ETN has a twelve month low of $141.74 and a twelve month high of $162.91. The company has a market capitalization of $64.60 million, a P/E ratio of 207.11 and a beta of 0.10.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

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

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.