Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Update

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 10,686 shares, a growth of 129.7% from the April 30th total of 4,652 shares. Currently, 8.9% of the shares of the stock are short sold. Based on an average daily volume of 2,646 shares, the short-interest ratio is currently 4.0 days.

Global X S&P 500 Tail Risk ETF Trading Up 0.4%

XTR stock traded up $0.12 during midday trading on Friday, reaching $28.81. The stock had a trading volume of 1,473 shares, compared to its average volume of 2,465. The company’s fifty day simple moving average is $26.90 and its 200 day simple moving average is $27.75. The company has a market cap of $3.46 million, a price-to-earnings ratio of 25.32 and a beta of 0.85. Global X S&P 500 Tail Risk ETF has a 52-week low of $24.63 and a 52-week high of $31.42.

About Global X S&P 500 Tail Risk ETF

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.