HDLB Stock Summary and Trading Ideas (Etracs Monthly Pay 2Xleveraged US High Dividend Low Volatility ETN Series B Due September 30 2044 | ARCA:HDLB)

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSE: HDLB) ( HDLB or the ETN ) is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the Solactive US High Dividend Low Volatility Index. The Index is calculated and distributed by Solactive AG and is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of liquidity and market capitalization. From this universe, the stocks with high Forward Looking Distribution Yield and low 12-Month Trailing Realized Volatility are selected (each of the preceding capitalized terms as defined in the applicable pricing supplement).

Etracs Monthly Pay 2Xleveraged US High Dividend Low Volatility ETN Series B Due September 30 2044 trades on the ARCA stock market under the symbol HDLB.

As of May 6, 2024, HDLB stock price was flat at $11.52 with 17 million shares trading.

HDLB has a market cap of $11.52 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, HDLB stock traded as high as $19.21 and as low as $9.12.

HDLB has underperformed the market in the last year with a price return of +12.7% while the SPY ETF gained +28.3%. HDLB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.5% and +0.5%, respectively, while the SPY returned +4.8% and +4.3%, respectively.

HDLB support price is $11.08 and resistance is $11.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HDLB stock will trade within this expected range on the day.