ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDL) Stock Price Down 1.5% – Here’s What Happened

ETRACS 2x Leveraged US Dividend Factor TR ETN (NYSEARCA:SCDLGet Free Report)’s share price traded down 1.5% during trading on Friday . The stock traded as low as $42.34 and last traded at $42.34. 11 shares changed hands during trading, a decline of 97% from the average session volume of 317 shares. The stock had previously closed at $42.99.

ETRACS 2x Leveraged US Dividend Factor TR ETN Stock Down 1.5 %

The business has a 50 day moving average price of $41.49 and a two-hundred day moving average price of $38.28.

About ETRACS 2x Leveraged US Dividend Factor TR ETN

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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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