Short Interest in Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) Increases By 100.0%

Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 200 shares, a growth of 100.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 15,500 shares, the short-interest ratio is presently 0.0 days.

Credit Suisse X-Links Silver Shares Covered Call ETN Trading Up 2.4 %

NASDAQ SLVO traded up $1.73 during trading hours on Friday, hitting $74.50. 7,186 shares of the stock were exchanged, compared to its average volume of 15,923. Credit Suisse X-Links Silver Shares Covered Call ETN has a 12-month low of $71.80 and a 12-month high of $92.00. The stock has a 50-day moving average of $79.23 and a 200 day moving average of $79.38.

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

The company also recently declared a monthly dividend, which was paid on Thursday, May 25th. Investors of record on Monday, May 22nd were issued a dividend of $1.6156 per share. The ex-dividend date of this dividend was Friday, May 19th. This represents a $19.39 annualized dividend and a yield of 26.02%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in Credit Suisse X-Links Silver Shares Covered Call ETN by 4,972.0% during the second quarter. Jane Street Group LLC now owns 594,183 shares of the company’s stock worth $2,472,000 after purchasing an additional 582,468 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Credit Suisse X-Links Silver Shares Covered Call ETN by 233.8% in the first quarter. Renaissance Technologies LLC now owns 150,549 shares of the company’s stock valued at $784,000 after buying an additional 105,449 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Credit Suisse X-Links Silver Shares Covered Call ETN by 10.2% in the second quarter. Envestnet Asset Management Inc. now owns 65,752 shares of the company’s stock valued at $274,000 after buying an additional 6,065 shares in the last quarter. Citadel Advisors LLC purchased a new position in Credit Suisse X-Links Silver Shares Covered Call ETN in the second quarter valued at about $217,000. Finally, Kingsview Wealth Management LLC purchased a new position in Credit Suisse X-Links Silver Shares Covered Call ETN in the second quarter valued at about $107,000.