A Reversal for 2xleveraged Long Exchange Traded Access Securities (NYSEARCA:BDCL) Is Near. The Stock Has Decrease in Shorts

May 17, 2018 - By Samual Williams

The stock of 2xleveraged Long Exchange Traded Access Securities (NYSEARCA:BDCL) registered a decrease of 62.66% in short interest. BDCL’s total short interest was 66,200 shares in May as published by FINRA. Its down 62.66% from 177,300 shares, reported previously. With 106,300 shares average volume, it will take short sellers 1 days to cover their BDCL’s short positions.

The stock increased 1.44% or $0.22 during the last trading session, reaching $15.41. About 57,086 shares traded. UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN (NYSEARCA:BDCL) has declined 31.02% since May 17, 2017 and is downtrending. It has underperformed by 42.57% the S&P500.

Another recent and important UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN (NYSEARCA:BDCL) 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.

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