Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Sees Significant Decrease in Short Interest

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 18,800 shares, a drop of 69.4% from the February 28th total of 61,500 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 46,200 shares, the short-interest ratio is currently 0.4 days.

Nasdaq 100 Covered Call & Growth ETF Trading Down 1.8 %

Shares of NASDAQ QYLG traded down $0.48 on Friday, reaching $25.72. 14,310 shares of the company traded hands, compared to its average volume of 26,155. The stock has a market capitalization of $91.80 million, a PE ratio of 30.74 and a beta of 0.92. Nasdaq 100 Covered Call & Growth ETF has a fifty-two week low of $25.48 and a fifty-two week high of $34.19. The company has a 50 day moving average of $27.81 and a 200 day moving average of $30.53.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be paid a dividend of $0.164 per share. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Nasdaq 100 Covered Call & Growth ETF’s previous dividend of $0.13.

Institutional Trading of Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently bought a new position in Nasdaq 100 Covered Call & Growth ETF stock. SBI Securities Co. Ltd. bought a new stake 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 & Exchange Commission. The firm bought 7,176 shares of the company’s stock, valued at approximately $202,000. SBI Securities Co. Ltd. owned about 0.19% of Nasdaq 100 Covered Call & Growth ETF at the end of the most recent quarter.

Nasdaq 100 Covered Call & Growth ETF Company Profile

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.