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

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a large decrease in short interest in the month of 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 short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

An institutional investor recently raised its position in ETRACS Gold Shares Covered Call ETN stock. OLD Mission Capital LLC grew its holdings in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 105.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,877 shares of the company’s stock after acquiring 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 at the end of the most recent quarter. Institutional investors and hedge funds own 36.97% of the company’s stock.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of GLDI opened at $159.03 on Wednesday. The stock has a 50-day moving average of $156.13 and a two-hundred day moving average of $155.27. The stock has a market cap of $63.61 million, a P/E ratio of 203.94 and a beta of 0.10. ETRACS Gold Shares Covered Call ETN has a one year low of $141.74 and a one year high of $160.75.

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 issued a dividend of $1.9235 per share. This is an increase 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%.

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.