ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Sees Significant Growth in Short Interest

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 801 shares, a growth of 215.4% from the May 14th total of 254 shares. Based on an average daily trading volume, of 581 shares, the short-interest ratio is currently 1.4 days. Currently, 0.4% of the shares of the stock are short sold.

ETRACS 2x Leveraged US Size Factor TR ETN Price Performance

ETRACS 2x Leveraged US Size Factor TR ETN stock opened at $31.59 on Friday. ETRACS 2x Leveraged US Size Factor TR ETN has a 52 week low of $17.26 and a 52 week high of $32.17. The stock has a fifty day moving average of $29.01 and a 200-day moving average of $26.43.

About ETRACS 2x Leveraged US Size Factor TR ETN

The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.