Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) Short Interest Update

Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 47,400 shares, a decrease of 34.9% from the August 15th total of 72,800 shares. Based on an average trading volume of 20,500 shares, the short-interest ratio is currently 2.3 days.

Hedge Funds Weigh In On Credit Suisse X-Links Silver Shares Covered Call ETN

A hedge fund recently bought a new stake in Credit Suisse X-Links Silver Shares Covered Call ETN stock. Principal Securities Inc. bought a new stake in shares of Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 898 shares of the company’s stock, valued at approximately $66,000. Principal Securities Inc. owned about 0.22% of Credit Suisse X-Links Silver Shares Covered Call ETN at the end of the most recent quarter.

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

Shares of SLVO traded up $0.85 during mid-day trading on Friday, reaching $80.28. The company had a trading volume of 34,029 shares, compared to its average volume of 15,284. Credit Suisse X-Links Silver Shares Covered Call ETN has a 52 week low of $65.10 and a 52 week high of $86.36. The firm has a 50-day moving average price of $78.89 and a 200 day moving average price of $78.83.

Credit Suisse X-Links Silver Shares Covered Call ETN Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, September 25th. Investors of record on Friday, September 20th will be given a $1.7449 dividend. The ex-dividend date is Friday, September 20th. This is a boost from Credit Suisse X-Links Silver Shares Covered Call ETN’s previous dividend of $1.36.

About Credit Suisse X-Links Silver Shares Covered Call ETN

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