Short Interest in Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) Drops By 93.8%

() saw a dramatic drop in short interest for the month of the April. On April 30, there were 100 shares of short interest, which is a decrease of 93.8% compared to the total of 1,600 on April 15. The short-interest rate is currently 0.0 on the basis of an average trading volume 16,200 shares.

Institutional Trading Credit Suisse XLinks Silver Shares covered Call ETN

Recently, hedge funds made some changes to their holdings in the company. Lee Financial Co purchased a new position in Credit Suisse X-Links Silver shares Covered call ETN during third quarter, valued at approximately $73,000. Stephens Inc. AR purchased a new share of Credit Suisse X-Links Silver shares Covered call ETN in the fourth quarter valued at $688,000. Cambridge Trust Co. purchased a new position in Credit Suisse X-Links Silver shares Covered call ETN for $299,000. Renaissance Technologies LLC increased its stake in Credit Suisse X-Links Silver shares Covered call ETN by 233.8% during the first quarter. Renaissance Technologies LLC owns 150 549 shares worth $784,000, after buying an additional 105 449 shares. Trading at midday on Thursday saw a decline of $3.47, bringing the price to $78.72. Stock of the company traded 11,636 shares compared to an average of 16,548. The company has a moving average of $81.34 for the past 50 days and $80.64 for the last 200 days. Credit Suisse X-Links Gold Shares Covered ETN has a low of $71.80, and a high of $92.00.

MarketBeat.com offers a FREE daily email newsletter
.