S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 28,118 shares, a growth of 87.3% from the May 31st total of 15,016 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 20,167 shares, the short-interest ratio is currently 1.4 days.
S&P 500 Covered Call & Growth ETF Price Performance
S&P 500 Covered Call & Growth ETF stock traded up $0.05 during mid-day trading on Thursday, hitting $28.86. The company’s stock had a trading volume of 19,254 shares, compared to its average volume of 23,628. S&P 500 Covered Call & Growth ETF has a 52-week low of $25.63 and a 52-week high of $29.91. The company has a market cap of $65.80 million, a PE ratio of 25.30 and a beta of 0.75. The firm’s 50 day moving average is $28.53 and its 200 day moving average is $27.94.
Institutional Trading of S&P 500 Covered Call & Growth ETF
An institutional investor recently raised its stake in S&P 500 Covered Call & Growth ETF stock. Janney Montgomery Scott LLC boosted its holdings in shares of S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG – Free Report) by 377.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,763 shares of the company’s stock after buying an additional 40,139 shares during the quarter. Janney Montgomery Scott LLC owned about 2.22% of S&P 500 Covered Call & Growth ETF worth $1,334,000 at the end of the most recent quarter.
S&P 500 Covered Call & Growth ETF Company Profile
The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.
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