As of Apr 07th, 2025, there has been substantial selling of ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN in recent trading

The chart below shows ALL of the short selling each day in ETRACS 2XMONTHLY PAY LEVERAGED US SMALL CAP HIGH DIVIDEND ETN (SMHB). We have consolidated the tape of ALL US stock exchanges and dark pools (this means we get the TRADE IDENTIFIER showing whether the trade was a buy, sell or sell short). The data below shows just the short sales each day in your stock. It includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales in ETRACS 2XMONTHLY PAY LEVERAGED US SMALL CAP HIGH DIVIDEND ETN. An average of 33.59% of the daily trading in SMHB is short selling. This is abnormally high and implies there is illicit trading taking place in your stock. We run automated surveillance and reporting algorithms that report manipulative market making and short selling (to FINRA, SEC, Whistleblower's Office and Dept of Treasury FINCEN). We then issue FINRA COMPLIANT research to our large user base to counteract this activity that is driving SMHB lower unfairly.

You can find the full report at [ https://www.woprai.com/ ]

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-04-04	34,775	225,755	15.4	4.02	139,796
2025-04-03	45,420	121,932	37.25	4.46	202,573
2025-04-02	4,307	67,448	6.39	4.74	20,415
2025-04-01	35,708	95,771	37.28	4.74	169,256
2025-03-31	26,307	54,736	48.06	4.74	124,695
2025-03-28	15,830	37,460	42.26	4.77	75,509
2025-03-27	10,264	42,103	24.38	4.91	50,396
2025-03-26	79,294	126,670	62.6	4.9	388,541
2025-03-25	4,679	19,277	24.27	4.97	23,255
2025-03-24	11,366	36,543	31.1	5.04	57,285
2025-03-21	4,577	26,962	16.98	4.98	22,793
2025-03-20	3,818	9,923	38.48	5.04	19,243
2025-03-19	5,635	17,191	32.78	5.08	28,626
2025-03-18	5,560	16,332	34.04	5.06	28,134
2025-03-17	10,764	21,685	49.64	5.08	54,681
2025-03-14	16,702	55,958	29.85	4.91	82,007
2025-03-13	25,175	53,656	46.92	4.83	121,595
2025-03-12	29,746	55,072	54.01	4.99	148,433
2025-03-11	45,359	111,654	40.62	5.15	233,599
2025-03-10	47,220	96,898	48.73	5.39	254,516
2025-03-07	71,130	102,918	69.11	5.38	382,679
2025-03-06	12,542	24,899	50.37	5.12	64,215
2025-03-05	5,194	16,821	30.88	5.1	26,489
2025-03-04	12,522	35,309	35.46	5.09	63,737
2025-03-03	25,161	47,972	52.45	5.25	132,095
2025-02-28	4,998	24,503	20.4	5.36	26,789
2025-02-27	2,263	17,145	13.2	5.26	11,903
2025-02-26	14,298	38,267	37.36	5.25	75,065
2025-02-25	9,699	36,013	26.93	5.3	51,405
2025-02-24	11,256	38,044	29.59	5.29	59,544
2025-02-21	49,285	108,890	45.26	5.32	262,196
2025-02-20	16,719	42,669	39.18	5.36	89,614
2025-02-19	3,440	12,050	28.55	5.35	18,404
2025-02-18	22,490	110,216	20.41	5.33	119,872
2025-02-14	13,674	47,419	28.84	5.26	71,925
2025-02-13	7,742	22,119	35	5.2	40,258
2025-02-12	13,011	23,753	54.78	5.08	66,096

Total	21,222,845	62,986,506	33.69	6.69	142,077,607

* Totals include all data records back to 2020-04-08 00:00:00, data set is truncated for viewing.

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As of Apr 07th, 2025, there has been substantial selling of ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN in recent trading