ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) Shares Down 1.2%

ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDLGet Free Report) shares dropped 1.2% on Friday . The company traded as low as $33.63 and last traded at $33.63. Approximately 1 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 270 shares. The stock had previously closed at $34.02.

ETRACS 2x Leveraged US Dividend Factor TR ETN Stock Down 1.2 %

The business’s 50 day moving average price is $35.00 and its two-hundred day moving average price is $34.46.

ETRACS 2x Leveraged US Dividend Factor TR ETN Company Profile

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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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