Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Up 500.0% in October

Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 600 shares, a growth of 500.0% from the October 15th total of 100 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Credit Suisse X-Links Gold Shares Covered Call ETN stock. B. Riley Wealth Advisors Inc. raised its stake in shares of Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) by 10.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,100 shares of the company’s stock after acquiring an additional 200 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.53% of Credit Suisse X-Links Gold Shares Covered Call ETN worth $314,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 36.97% of the company’s stock.

Credit Suisse X-Links Gold Shares Covered Call ETN Stock Performance

Shares of Credit Suisse X-Links Gold Shares Covered Call ETN stock traded down $1.08 during trading on Tuesday, hitting $153.00. 2,672 shares of the stock were exchanged, compared to its average volume of 2,774. Credit Suisse X-Links Gold Shares Covered Call ETN has a 12 month low of $137.58 and a 12 month high of $160.75. The stock has a market cap of $61.20 million, a PE ratio of 197.60 and a beta of 0.10. The stock’s fifty day moving average is $156.39 and its 200 day moving average is $152.34.

Credit Suisse X-Links Gold Shares Covered Call ETN Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, November 25th. Investors of record on Wednesday, November 20th will be given a $1.3967 dividend. The ex-dividend date is Wednesday, November 20th. Credit Suisse X-Links Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is currently 205.19%.

About Credit Suisse X-Links Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer.