Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 2,837 shares, a growth of 530.4% from the August 15th total of 450 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 5,975 shares, the short-interest ratio is presently 0.5 days.
Global X Information Technology Covered Call & Growth ETF Trading Down 0.9%
Shares of TYLG stock opened at $41.79 on Friday. Global X Information Technology Covered Call & Growth ETF has a twelve month low of $32.61 and a twelve month high of $43.43. The stock has a market cap of $15.04 million, a price-to-earnings ratio of 36.82 and a beta of 1.02. The company’s 50-day moving average price is $41.13 and its 200-day moving average price is $39.33.
Institutional Investors Weigh In On Global X Information Technology Covered Call & Growth ETF
A hedge fund recently bought a new position in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management bought a new stake in Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned 2.76% of Global X Information Technology Covered Call & Growth ETF as of its most recent SEC filing.
Global X Information Technology Covered Call & Growth ETF Company Profile
The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.
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