Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Short Interest Report for September

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 33,598 shares, a decline of 44.7% from the September 15th total of 60,800 shares. Based on an average daily trading volume, of 48,449 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.6% of the shares of the company are short sold.

Nasdaq 100 Covered Call & Growth ETF Price Performance

Shares of QYLG stock traded up $0.01 during trading hours on Thursday, hitting $30.31. The stock had a trading volume of 24,246 shares, compared to its average volume of 46,142. The firm has a market capitalization of $182.16 million, a PE ratio of 33.07 and a beta of 0.91. The stock’s 50 day moving average is $29.98 and its 200 day moving average is $29.29. Nasdaq 100 Covered Call & Growth ETF has a twelve month low of $25.01 and a twelve month high of $30.98.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 21st were given a $0.1398 dividend. This is a negative change from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.1709. The ex-dividend date was Monday, September 21st. This represents a $1.68 annualized dividend and a yield of 5.5%.

Institutional Trading of Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. Farther Finance Advisors LLC boosted its holdings in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) by 536.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 32,220 shares of the company’s stock after purchasing an additional 27,161 shares during the period. Farther Finance Advisors LLC owned approximately 0.55% of Nasdaq 100 Covered Call & Growth ETF worth $980,000 as of its most recent filing with the SEC.

About Nasdaq 100 Covered Call & Growth ETF

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is managed by Global X.