Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) Short Interest Update

Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 58,500 shares, a growth of 8,257.1% from the September 30th total of 700 shares. Based on an average daily trading volume, of 32,500 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of Credit Suisse X-Links Silver Shares Covered Call ETN

An institutional investor recently raised its position in Credit Suisse X-Links Silver Shares Covered Call ETN stock. B. Riley Wealth Advisors Inc. increased its holdings in Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) by 13.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,296 shares of the company’s stock after acquiring an additional 500 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 1.05% of Credit Suisse X-Links Silver Shares Covered Call ETN worth $300,000 at the end of the most recent quarter.

Credit Suisse X-Links Silver Shares Covered Call ETN Trading Up 0.2 %

Shares of NASDAQ:SLVO traded up $0.15 on Friday, hitting $83.11. 11,625 shares of the company’s stock were exchanged, compared to its average volume of 18,850. Credit Suisse X-Links Silver Shares Covered Call ETN has a 1-year low of $68.51 and a 1-year high of $86.36. The firm’s 50-day moving average is $79.84 and its 200 day moving average is $80.16.

Credit Suisse X-Links Silver Shares Covered Call ETN Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Tuesday, October 22nd will be given a dividend of $2.1478 per share. This represents a $25.77 annualized dividend and a dividend yield of 31.01%. The ex-dividend date of this dividend is Tuesday, October 22nd. This is an increase from Credit Suisse X-Links Silver Shares Covered Call ETN’s previous monthly dividend of $1.74.

About Credit Suisse X-Links Silver Shares Covered Call ETN

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