S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Short Interest Update

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 10,114 shares, a drop of 87.8% from the January 15th total of 83,222 shares. Based on an average daily trading volume, of 38,785 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 38,785 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of S&P 500 Covered Call & Growth ETF

An institutional investor recently raised its position in S&P 500 Covered Call & Growth ETF stock. Private Trust Co. NA boosted its position in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) by 100.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,000 shares of the company’s stock after buying an additional 500 shares during the quarter. Private Trust Co. NA owned approximately 0.05% of S&P 500 Covered Call & Growth ETF worth $28,000 at the end of the most recent reporting period.

S&P 500 Covered Call & Growth ETF Stock Performance

Shares of XYLG traded up $0.01 during trading hours on Tuesday, hitting $27.81. 11,340 shares of the company were exchanged, compared to its average volume of 36,287. The company has a market cap of $65.91 million, a PE ratio of 25.30 and a beta of 0.78. The firm’s 50 day moving average is $28.42 and its 200-day moving average is $28.60. S&P 500 Covered Call & Growth ETF has a 52 week low of $23.07 and a 52 week high of $29.91.

S&P 500 Covered Call & Growth ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1213 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date was Tuesday, January 20th.

About S&P 500 Covered Call & Growth ETF

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.