Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Sees Significant Decrease in Short Interest

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 798 shares, a decline of 81.9% from the September 30th total of 4,407 shares. Based on an average trading volume of 6,783 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Global X Information Technology Covered Call & Growth ETF Stock Up 1.5%

TYLG opened at $41.94 on Tuesday. The stock has a market capitalization of $15.10 million, a price-to-earnings ratio of 36.82 and a beta of 1.00. The firm has a 50 day moving average price of $42.42 and a 200-day moving average price of $39.37. Global X Information Technology Covered Call & Growth ETF has a twelve month low of $32.61 and a twelve month high of $44.35.

About Global X Information Technology Covered Call & Growth ETF

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.