ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Get Free Report) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 2,800 shares, a decline of 6.7% from the January 15th total of 3,000 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 1.1 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. OLD Mission Capital LLC raised its stake in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Free Report) by 105.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,877 shares of the company's stock after buying an additional 4,563 shares during the period. OLD Mission Capital LLC owned about 2.22% of ETRACS Gold Shares Covered Call ETN worth $1,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 36.97% of the stock is owned by institutional investors and hedge funds.
ETRACS Gold Shares Covered Call ETN Trading Down 1.1 %
Shares of GLDI traded down $1.77 during trading hours on Friday, reaching $157.97. 3,305 shares of the stock traded hands, compared to its average volume of 3,558. ETRACS Gold Shares Covered Call ETN has a 52-week low of $141.74 and a 52-week high of $160.75. The company's 50-day moving average price is $156.26 and its two-hundred day moving average price is $155.38. The company has a market cap of $63.19 million, a P/E ratio of 202.58 and a beta of 0.10.
ETRACS Gold Shares Covered Call ETN Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 21st will be paid a dividend of $1.9235 per share. This is a boost from ETRACS Gold Shares Covered Call ETN's previous dividend of $1.63. The ex-dividend date is Friday, February 21st. ETRACS Gold Shares Covered Call ETN's payout ratio is 205.19%.
About ETRACS Gold Shares Covered Call ETN
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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.
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