Short Interest in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Drops By 72.6%

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 28,821 shares, a drop of 72.6% from the June 15th total of 105,093 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 47,977 shares, the days-to-cover ratio is currently 0.6 days.

Nasdaq 100 Covered Call & Growth ETF Trading Up 1.2%

Shares of NASDAQ:QYLG traded up $0.35 during mid-day trading on Tuesday, hitting $29.99. 15,876 shares of the company traded hands, compared to its average volume of 44,653. The stock has a 50-day moving average price of $29.75 and a two-hundred day moving average price of $28.15. Nasdaq 100 Covered Call & Growth ETF has a 12-month low of $25.01 and a 12-month high of $30.73. The stock has a market cap of $158.95 million, a P/E ratio of 33.07 and a beta of 0.91.

Nasdaq 100 Covered Call & Growth ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.2075 per share. The ex-dividend date was Monday, June 22nd.

Institutional Trading of Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management boosted its holdings in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGFree Report) by 4.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,299 shares of the company’s stock after buying an additional 723 shares during the period. Triumph Capital Management owned approximately 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 as of its most recent filing with the Securities and Exchange Commission.

About Nasdaq 100 Covered Call & Growth ETF

(Get Free Report)

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is managed by Global X.

Further Reading

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