Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Update

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,688 shares, an increase of 158.0% from the April 15th total of 1,817 shares. Based on an average trading volume of 3,189 shares, the short-interest ratio is presently 1.5 days. Currently, 1.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Global X Information Technology Covered Call & Growth ETF

A hedge fund recently bought a new stake in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management purchased a new position in shares of Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned approximately 2.76% of Global X Information Technology Covered Call & Growth ETF at the end of the most recent quarter.

Global X Information Technology Covered Call & Growth ETF Price Performance

Shares of TYLG stock opened at $41.04 on Friday. The company has a market capitalization of $13.54 million, a P/E ratio of 36.82 and a beta of 0.96. The company’s 50-day simple moving average is $36.52 and its two-hundred day simple moving average is $36.29. Global X Information Technology Covered Call & Growth ETF has a one year low of $30.73 and a one year high of $41.11.

Global X Information Technology Covered Call & Growth ETF Company Profile

The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.