What’s in Etracs Monthly Pay 2xleveraged Mortgage Reit Etn (NYSEARCA:MORL) After Rise in Shorted Shares?

September 15, 2018 - By Lisa Delgado

The stock of Etracs Monthly Pay 2xleveraged Mortgage Reit Etn (NYSEARCA:MORL) registered an increase of 5.11% in short interest. MORL’s total short interest was 96,600 shares in September as published by FINRA. Its up 5.11% from 91,900 shares, reported previously. With 225,100 shares average volume, it will take short sellers 0 days to cover their MORL’s short positions.

The stock increased 1.08% or $0.18 during the last trading session, reaching $16.87. About 393,128 shares traded or 49.55% up from the average. UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN (NYSEARCA:MORL) has declined 8.29% since September 15, 2017 and is downtrending. It has underperformed by 23.91% the S&P500.

Another recent and important UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN (NYSEARCA:MORL) news was published by Seekingalpha.com which published an article titled: “MORL Now Yields 23% And Has Had Total Returns In Excess Of 20% Annually For The Last 5 Years. What’s Next?” on August 17, 2018.

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