Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) Sees Large Growth in Short Interest

Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 400 shares, an increase of 300.0% from the July 15th total of 100 shares. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is presently 0.1 days.

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

Hedge funds have recently made changes to their positions in the company. Principal Securities Inc. purchased a new stake in shares of Credit Suisse X-Links Gold Shares Covered Call ETN during the fourth quarter worth $60,000. B. Riley Wealth Advisors Inc. grew its stake in Credit Suisse X-Links Gold Shares Covered Call ETN by 10.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 2,100 shares of the company’s stock valued at $314,000 after acquiring an additional 200 shares in the last quarter. CreativeOne Wealth LLC grew its stake in Credit Suisse X-Links Gold Shares Covered Call ETN by 125.9% during the 4th quarter. CreativeOne Wealth LLC now owns 3,790 shares of the company’s stock valued at $549,000 after acquiring an additional 2,112 shares in the last quarter. Virtu Financial LLC raised its holdings in Credit Suisse X-Links Gold Shares Covered Call ETN by 52.0% in the 1st quarter. Virtu Financial LLC now owns 5,425 shares of the company’s stock valued at $811,000 after acquiring an additional 1,857 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in Credit Suisse X-Links Gold Shares Covered Call ETN in the 4th quarter worth approximately $4,720,000. Institutional investors and hedge funds own 36.97% of the company’s stock.

Credit Suisse X-Links Gold Shares Covered Call ETN Stock Down 0.6 %

Shares of NASDAQ GLDI traded down $0.88 during trading on Tuesday, hitting $151.96. The company had a trading volume of 3,273 shares, compared to its average volume of 2,971. The firm has a market capitalization of $60.78 million, a price-to-earnings ratio of 194.88 and a beta of 0.10. The stock has a fifty day simple moving average of $149.56 and a two-hundred day simple moving average of $148.33. Credit Suisse X-Links Gold Shares Covered Call ETN has a fifty-two week low of $131.47 and a fifty-two week high of $153.88.

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

The company also recently disclosed a dividend, which was paid on Thursday, July 25th. Investors of record on Monday, July 22nd were issued a $1.4424 dividend. The ex-dividend date of this dividend was Monday, July 22nd. Credit Suisse X-Links Gold Shares Covered Call ETN’s payout ratio is 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.