Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Up 71.3% in February

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 61,500 shares, a growth of 71.3% from the February 13th total of 35,900 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 40,300 shares, the days-to-cover ratio is presently 1.5 days.

Hedge Funds Weigh In On Nasdaq 100 Covered Call & Growth ETF

A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. SBI Securities Co. Ltd. purchased a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,176 shares of the company’s stock, valued at approximately $202,000. SBI Securities Co. Ltd. owned approximately 0.19% of Nasdaq 100 Covered Call & Growth ETF at the end of the most recent reporting period.

Nasdaq 100 Covered Call & Growth ETF Price Performance

Shares of Nasdaq 100 Covered Call & Growth ETF stock opened at $26.26 on Monday. The stock has a market cap of $97.95 million, a price-to-earnings ratio of 30.33 and a beta of 0.93. The firm’s 50-day moving average is $28.15 and its 200 day moving average is $30.82. Nasdaq 100 Covered Call & Growth ETF has a 1 year low of $25.48 and a 1 year high of $34.19.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were paid a $0.1277 dividend. The ex-dividend date was Monday, February 24th.

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.