Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) Short Interest Up 2,844.6% in January

Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 5,153 shares, an increase of 2,844.6% from the January 15th total of 175 shares. Approximately 4.3% of the company’s shares are sold short. Based on an average daily trading volume, of 4,003 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 4,003 shares, the short-interest ratio is presently 1.3 days. Approximately 4.3% of the company’s shares are sold short.

Global X S&P 500 Collar 95-110 ETF Stock Down 0.4%

Shares of Global X S&P 500 Collar 95-110 ETF stock traded down $0.12 during trading hours on Tuesday, hitting $27.24. The company’s stock had a trading volume of 2,675 shares, compared to its average volume of 2,206. The business has a fifty day moving average of $28.48 and a 200 day moving average of $29.24. Global X S&P 500 Collar 95-110 ETF has a 1-year low of $25.04 and a 1-year high of $30.70. The company has a market capitalization of $3.27 million, a PE ratio of 24.68 and a beta of 0.63.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X S&P 500 Collar 95-110 ETF stock. Envestnet Asset Management Inc. lifted its stake in Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) by 4.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,376 shares of the company’s stock after buying an additional 1,090 shares during the period. Envestnet Asset Management Inc. owned approximately 19.48% of Global X S&P 500 Collar 95-110 ETF worth $699,000 as of its most recent SEC filing.

Global X S&P 500 Collar 95-110 ETF Company Profile

The Global X S&P 500 Collar 95-110 ETF (XCLR) is an exchange-traded fund that is based on the Cboe S&P 500 3-Month Collar 95-110 index. The fund tracks an index that invests in S&P 500 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money on the S&P 500 Index. XCLR was launched on Aug 25, 2021 and is managed by Global X.