Short Interest: Is Buying Velocitysharestm 3X Long Silver (NASDAQ:USLV) Here Good Idea?

December 1, 2016 - By Linda Rogers   ·   0 Comments

Short Interest: Is Buying Velocitysharestm 3X Long Silver (NASDAQ:USLV) Here Good Idea?

The stock of Velocitysharestm 3X Long Silver (NASDAQ:USLV) registered an increase of 10.1% in short interest. USLV’s total short interest was 2.40M shares in December as published by FINRA. Its up 10.1% from 2.18 million shares, reported previously. With 789,400 shares average volume, it will take short sellers 3 days to cover their USLV’s short positions. The stock increased 1.99% or $0.34 during the last trading session, hitting $17.4. Credit Suisse AG – VelocityShares 3x Long Silver ETN (NASDAQ:USLV) has declined 30.24% since April 28, 2016 and is downtrending. It has underperformed by 36.16% the S&P500.

More notable recent Credit Suisse AG – VelocityShares 3x Long Silver ETN (NASDAQ:USLV) news were published by: Etfdailynews.com which released: “Credit Suisse AG Announces The Reverse Split of 4 VIX ETNs” on August 23, 2013, also Prnewswire.com with their article: “Trends and Forecast for the Global Mining and Metals Market” published on November 15, 2016, Prnewswire.com published: “Credit Suisse AG Announces the Reverse Split of its TVIX, TVIZ, VIIX and USLV ETNs” on August 23, 2013. More interesting news about Credit Suisse AG – VelocityShares 3x Long Silver ETN (NASDAQ:USLV) were released by: Prnewswire.com and their article: “Credit Suisse Announces the Listing Transfer of Twelve VelocitySharesâ„¢ ETNs …” published on November 19, 2013 as well as Prnewswire.com‘s news article titled: “Credit Suisse AG Announces the Reverse Splits of its UWTI and UGAZ ETNs” with publication date: September 02, 2015.

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By Linda Rogers

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