Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Short Interest Report for September

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 33,598 shares, a drop of 44.7% from the September 15th total of 60,800 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 48,449 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Nasdaq 100 Covered Call & Growth ETF

A hedge fund recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. Farther Finance Advisors LLC lifted its position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) by 536.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,220 shares of the company’s stock after purchasing an additional 27,161 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.55% of Nasdaq 100 Covered Call & Growth ETF worth $980,000 at the end of the most recent quarter.

Nasdaq 100 Covered Call & Growth ETF Stock Up 0.0%

QYLG traded up $0.01 on Thursday, reaching $30.31. The company had a trading volume of 24,246 shares, compared to its average volume of 46,142. Nasdaq 100 Covered Call & Growth ETF has a 1 year low of $25.01 and a 1 year high of $30.98. The stock has a market capitalization of $182.16 million, a PE ratio of 33.07 and a beta of 0.91. The stock has a 50-day moving average price of $29.98 and a 200-day moving average price of $29.29.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 21st were given a dividend of $0.1398 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.5%. This is a decrease from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.1709. The ex-dividend date was Monday, September 21st.

Nasdaq 100 Covered Call & Growth ETF Company Profile

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.