Short Interest in Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Declines By 59.2%

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 4,751 shares, a decrease of 59.2% from the June 30th total of 11,637 shares. Based on an average daily volume of 4,254 shares, the short-interest ratio is presently 1.1 days. Currently, 2.8% of the shares of the stock are sold short.

Global X S&P 500 Tail Risk ETF Price Performance

Global X S&P 500 Tail Risk ETF stock opened at $28.03 on Monday. The company has a market capitalization of $4.77 million, a PE ratio of 25.32 and a beta of 0.85. Global X S&P 500 Tail Risk ETF has a one year low of $24.63 and a one year high of $31.42. The business has a 50 day simple moving average of $28.37 and a 200 day simple moving average of $27.17.

Global X S&P 500 Tail Risk ETF Company Profile

The Global X S&P 500 Tail Risk ETF (XTR) is an exchange-traded fund that is based on the Cboe S&P 500 Tail Risk index. The fund tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. XTR was launched on Aug 25, 2021 and is managed by Global X.