Latest News for SLVO
Silver fell towards $58.50 an ounce on Friday as a modest rebound in the US dollar prompted traders to trim positions after two sessions of gains. The metal was down about 0.8% at $58.52 in early trade, snapping a brief recovery that followed the Federal Reserve's decision to keep interest rates unchanged.
ETRACS Silver Shares Covered Call ETN (NASDAQ: SLVO - Get Free Report)'s stock price passed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $73.20 and traded as low as $62.70. ETRACS Silver Shares Covered Call ETN shares last traded at $63.17, with a volume of 1,090,533
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