ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL – Get Free Report) shot up 0.5% on Thursday . The company traded as high as $41.71 and last traded at $41.63. 300 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 329 shares. The stock had previously closed at $41.43.
ETRACS 2x Leveraged US Dividend Factor TR ETN Price Performance
The firm has a 50-day moving average of $40.71 and a 200-day moving average of $37.47.
About ETRACS 2x Leveraged US Dividend Factor TR ETN
The ETRACS 2x Leveraged US Dividend Factor TR ETN (SCDL) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of 100 dividend-paying US companies. SCDL was launched on Feb 5, 2021 and is issued by ETRACS.
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