Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Update

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 4,751 shares, a decline of 59.2% from the June 30th total of 11,637 shares. Based on an average daily trading volume, of 4,254 shares, the short-interest ratio is presently 1.1 days. Approximately 2.8% of the shares of the company are short sold.

Global X S&P 500 Tail Risk ETF Price Performance

Shares of Global X S&P 500 Tail Risk ETF stock opened at $28.03 on Monday. Global X S&P 500 Tail Risk ETF has a 52-week low of $24.63 and a 52-week high of $31.42. The firm has a market capitalization of $4.77 million, a PE ratio of 25.32 and a beta of 0.85. The company’s fifty day moving average price is $28.37 and its two-hundred day moving average price is $27.17.

About Global X S&P 500 Tail Risk ETF

The Global X S&P 500 Tail Risk ETF (XTR) is an exchange-traded fund that is based on the Cboe S&P 500 Tail Risk index. The fund tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. XTR was launched on Aug 25, 2021 and is managed by Global X.