Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) Sees Large Increase in Short Interest

Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 500 shares, a growth of 1,751.9% from the June 15th total of 27 shares. Based on an average daily volume of 2,893 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Global X Dow 30 Covered Call & Growth ETF Price Performance

Shares of DYLG stock traded up $0.10 during trading hours on Friday, reaching $28.10. 1,497 shares of the company’s stock were exchanged, compared to its average volume of 3,446. The company has a market cap of $6.18 million, a P/E ratio of 21.56 and a beta of 0.63. The company’s 50 day moving average is $27.40 and its two-hundred day moving average is $26.91. Global X Dow 30 Covered Call & Growth ETF has a 1 year low of $24.92 and a 1 year high of $28.30.

About Global X Dow 30 Covered Call & Growth ETF

The Global X Dow 30 Covered Call & Growth ETF (DYLG) is an exchange-traded fund that is based on the Cboe DJIA Half BuyWrite index. The fund tracks an index of DJIA stocks and sells one-month, at-the-money index call options on up to 50% of the value of the underlying portfolio. The fund aims to deliver monthly distributions. DYLG was launched on Jul 25, 2023 and is issued by Global X.