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

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 441 shares, a decline of 14.4% from the December 31st total of 515 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,017 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 1,017 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Global X Information Technology Covered Call & Growth ETF

An institutional investor recently bought a new position in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management acquired 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 disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned 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 Stock Down 1.0%

NYSEARCA:TYLG traded down $0.36 on Tuesday, reaching $35.75. 1,572 shares of the company’s stock were exchanged, compared to its average volume of 1,480. The firm has a market capitalization of $11.08 million, a price-to-earnings ratio of 36.82 and a beta of 0.92. Global X Information Technology Covered Call & Growth ETF has a 52-week low of $25.58 and a 52-week high of $37.54. The business has a fifty day moving average of $36.39 and a 200-day moving average of $35.60.

Global X Information Technology Covered Call & Growth ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.2914 per share. This is a boost from Global X Information Technology Covered Call & Growth ETF’s previous monthly dividend of $0.21. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 9.8%.

About Global X Information Technology Covered Call & Growth ETF

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.