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

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 28,821 shares, a drop of 72.6% from the June 15th total of 105,093 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 47,977 shares, the short-interest ratio is presently 0.6 days.

Nasdaq 100 Covered Call & Growth ETF Stock Down 2.0%

Shares of Nasdaq 100 Covered Call & Growth ETF stock traded down $0.60 on Monday, hitting $29.56. The stock had a trading volume of 73,683 shares, compared to its average volume of 44,870. Nasdaq 100 Covered Call & Growth ETF has a twelve month low of $25.01 and a twelve month high of $30.73. The business’s 50 day moving average is $29.73 and its two-hundred day moving average is $28.15. The stock has a market cap of $156.67 million, a price-to-earnings ratio of 33.07 and a beta of 0.91.

Nasdaq 100 Covered Call & Growth ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 22nd were issued a dividend of $0.2075 per share. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management grew its position in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGFree Report) by 4.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,299 shares of the company’s stock after buying an additional 723 shares during the period. Triumph Capital Management owned approximately 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 at the end of the most recent quarter.

About Nasdaq 100 Covered Call & Growth ETF

(Get Free Report)

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.

Further Reading

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