Etracs Monthly Pay 2X Leveraged Closed-end Fund ET (NYSEARCA:CEFL) Can’t Be Less Risky. Short Interest Decreased

May 16, 2018 - By Vivian Park

The stock of Etracs Monthly Pay 2X Leveraged Closed-end Fund ET (NYSEARCA:CEFL) registered a decrease of 30.82% in short interest. CEFL’s total short interest was 101,700 shares in May as published by FINRA. Its down 30.82% from 147,000 shares, reported previously. With 77,200 shares average volume, it will take short sellers 1 days to cover their CEFL’s short positions.

The stock increased 0.25% or $0.04 during the last trading session, reaching $15.76. About 13,519 shares traded. UBS ETRACS Mthly Py 2xLvg Closed-End ETN (NYSEARCA:CEFL) has declined 8.19% since May 16, 2017 and is downtrending. It has underperformed by 19.74% the S&P500.

Another recent and important UBS ETRACS Mthly Py 2xLvg Closed-End ETN (NYSEARCA:CEFL) news was published by Seekingalpha.com which published an article titled: “A 23.2% Dividend Yield May Make It Worthwhile To Hold MORL” on April 23, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.