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

Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 4,440 shares, an increase of 180.3% from the November 30th total of 1,584 shares. Approximately 3.0% of the company’s stock are sold short. Based on an average daily volume of 3,685 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 3,685 shares, the short-interest ratio is currently 1.2 days. Approximately 3.0% of the company’s stock are sold short.

Global X Dow 30 Covered Call & Growth ETF Price Performance

Shares of DYLG traded down $0.02 during midday trading on Friday, hitting $28.21. The stock had a trading volume of 8,366 shares, compared to its average volume of 2,442. The firm has a market cap of $4.23 million, a price-to-earnings ratio of 21.56 and a beta of 0.66. The company has a 50 day simple moving average of $27.62 and a two-hundred day simple moving average of $26.86. Global X Dow 30 Covered Call & Growth ETF has a twelve month low of $22.96 and a twelve month high of $29.65.

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.