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Key Stock Data
The current last sale of $14.05 is 12.40% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 14.29||$ 18.6201|
|Low:||$ 13.711||$ 12.50|
The ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN is an Exchange Traded Note linked to the monthly compounded 2x leveraged performance of the MVIS Global Mortgage REITs Index (the Index), reduced by the Accrued Fees. MORL is listed on the NYSE Arca exchange, is denominated in USD, and pays a USD-denominated variable monthly coupon linked to two times the cash distributions, if any, on the Index constituents, less any withholding taxes.
|Underlying Index||MVIS Global Mortgage REITs Price Return Index|