Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Short Interest Update

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 72,384 shares, an increase of 111.6% from the June 30th total of 34,205 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 50,922 shares, the short-interest ratio is presently 1.4 days.

Global X Dow 30 Covered Call ETF Stock Performance

NYSEARCA:DJIA traded up $0.14 during mid-day trading on Tuesday, hitting $22.52. 75,955 shares of the stock were exchanged, compared to its average volume of 69,974. The stock has a market capitalization of $184.89 million, a price-to-earnings ratio of 21.12 and a beta of 0.46. The firm’s 50-day simple moving average is $22.06 and its 200 day simple moving average is $21.90. Global X Dow 30 Covered Call ETF has a fifty-two week low of $20.65 and a fifty-two week high of $22.75.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Simplex Trading LLC increased its position in Global X Dow 30 Covered Call ETF by 327.3% during the fourth quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock worth $32,000 after acquiring an additional 1,103 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Global X Dow 30 Covered Call ETF during the fourth quarter worth approximately $37,000. Flagship Harbor Advisors LLC bought a new position in shares of Global X Dow 30 Covered Call ETF during the fourth quarter worth approximately $75,000. Fifth Third Bancorp acquired a new stake in shares of Global X Dow 30 Covered Call ETF in the first quarter valued at approximately $111,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Global X Dow 30 Covered Call ETF in the fourth quarter valued at approximately $114,000.

Global X Dow 30 Covered Call ETF Company Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.