ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Short Interest Down 34.2% in June

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 206 shares, a decline of 34.2% from the May 31st total of 313 shares. Based on an average trading volume of 275 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance

ETRACS 2x Leveraged US Growth Factor TR ETN stock opened at $57.88 on Friday. ETRACS 2x Leveraged US Growth Factor TR ETN has a 52 week low of $41.72 and a 52 week high of $65.00. The stock has a 50 day moving average of $59.54 and a 200-day moving average of $55.19.

ETRACS 2x Leveraged US Growth Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.

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