Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) Sees Large Growth in Short Interest

Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 534 shares, an increase of 1,877.8% from the May 31st total of 27 shares. Based on an average daily volume of 926 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On Global X S&P 500 Collar 95-110 ETF

An institutional investor recently raised its stake in Global X S&P 500 Collar 95-110 ETF stock. Envestnet Asset Management Inc. increased its stake in shares of Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) by 4.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 23,376 shares of the company’s stock after acquiring an additional 1,090 shares during the period. Envestnet Asset Management Inc. owned approximately 19.48% of Global X S&P 500 Collar 95-110 ETF worth $699,000 at the end of the most recent reporting period.

Global X S&P 500 Collar 95-110 ETF Price Performance

NYSEARCA XCLR traded down $0.02 during trading hours on Thursday, hitting $27.27. The company had a trading volume of 18 shares, compared to its average volume of 1,422. The firm’s 50 day moving average is $27.33 and its 200 day moving average is $27.34. Global X S&P 500 Collar 95-110 ETF has a fifty-two week low of $25.15 and a fifty-two week high of $30.70. The company has a market capitalization of $3.27 million, a price-to-earnings ratio of 24.68 and a beta of 0.63.

Global X S&P 500 Collar 95-110 ETF Company Profile

The Global X S&P 500 Collar 95-110 ETF (XCLR) is an exchange-traded fund that is based on the Cboe S&P 500 3-Month Collar 95-110 index. The fund tracks an index that invests in S&P 500 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money on the S&P 500 Index. XCLR was launched on Aug 25, 2021 and is managed by Global X.