Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) Stock Price Cross Above 50 Day Moving Average – Here’s What Happened

Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $80.37 and traded as high as $82.98. Credit Suisse X-Links Silver Shares Covered Call ETN shares last traded at $81.88, with a volume of 22,160 shares.

Credit Suisse X-Links Silver Shares Covered Call ETN Stock Down 0.9 %

The business’s 50 day moving average is $80.37 and its 200-day moving average is $80.29.

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

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Tuesday, October 22nd were issued a dividend of $2.1478 per share. This represents a $25.77 dividend on an annualized basis and a yield of 31.48%. This is a boost from Credit Suisse X-Links Silver Shares Covered Call ETN’s previous monthly dividend of $1.74. The ex-dividend date of this dividend was Tuesday, October 22nd.

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

An institutional investor recently raised its position in Credit Suisse X-Links Silver Shares Covered Call ETN stock. B. Riley Wealth Advisors Inc. boosted its holdings in Credit Suisse X-Links Silver Shares Covered Call ETN (NASDAQ:SLVO) by 13.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,296 shares of the company’s stock after buying an additional 500 shares during the period. B. Riley Wealth Advisors Inc. owned approximately 1.05% of Credit Suisse X-Links Silver Shares Covered Call ETN worth $300,000 as of its most recent SEC filing.

About Credit Suisse X-Links Silver Shares Covered Call ETN

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