Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) Shares Down 1.5%

Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO – Get Rating)’s stock price were down 1.5% on Wednesday . The company traded as low as $73.75 and last traded at $73.86. Approximately 9,217 shares were traded during trading, a decline of 43% from the average daily volume of 16,045 shares. The stock had previously closed at $74.95.

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

The firm has a fifty day moving average price of $79.52 and a 200-day moving average price of $79.47.

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

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

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

Several hedge funds and other institutional investors have recently made changes to their positions in SLVO. Jane Street Group LLC boosted its position in shares of Credit Suisse X-Links Silver Shares Covered Call ETN by 4,972.0% during the 2nd quarter. Jane Street Group LLC now owns 594,183 shares of the company’s stock worth $2,472,000 after acquiring an additional 582,468 shares in the last quarter. Renaissance Technologies LLC increased its position in Credit Suisse X-Links Silver Shares Covered Call ETN by 233.8% during the 1st quarter. Renaissance Technologies LLC now owns 150,549 shares of the company’s stock worth $784,000 after purchasing an additional 105,449 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Credit Suisse X-Links Silver Shares Covered Call ETN by 10.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 65,752 shares of the company’s stock worth $274,000 after purchasing an additional 6,065 shares in the last quarter. Citadel Advisors LLC acquired a new position in Credit Suisse X-Links Silver Shares Covered Call ETN during the 2nd quarter worth approximately $217,000. Finally, Kingsview Wealth Management LLC acquired a new position in Credit Suisse X-Links Silver Shares Covered Call ETN during the 2nd quarter worth approximately $107,000.