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

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 2,712 shares, a growth of 239.8% from the October 15th total of 798 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 3,124 shares, the days-to-cover ratio is currently 0.9 days.

Global X Information Technology Covered Call & Growth ETF Stock Down 0.4%

NYSEARCA:TYLG traded down $0.16 during mid-day trading on Thursday, reaching $39.57. The company’s stock had a trading volume of 1,263 shares, compared to its average volume of 3,051. Global X Information Technology Covered Call & Growth ETF has a 1 year low of $32.61 and a 1 year high of $44.35. The stock has a fifty day moving average of $42.06 and a 200-day moving average of $39.58. The firm has a market capitalization of $14.64 million, a PE ratio of 29.13 and a beta of 0.99.

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.