Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Up 195.2% in January

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 1,302 shares, a growth of 195.2% from the January 15th total of 441 shares. Based on an average trading volume of 2,026 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 2,026 shares, the short-interest ratio is presently 0.6 days.

Global X Information Technology Covered Call & Growth ETF Stock Performance

TYLG opened at $36.08 on Thursday. The firm’s fifty day moving average is $36.34 and its two-hundred day moving average is $35.68. The firm has a market cap of $11.18 million, a PE ratio of 36.82 and a beta of 0.92. Global X Information Technology Covered Call & Growth ETF has a twelve month low of $25.58 and a twelve month high of $37.54.

Global X Information Technology Covered Call & Growth ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.2914 dividend. This is an increase from Global X Information Technology Covered Call & Growth ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management acquired a new stake in Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned 2.76% of Global X Information Technology Covered Call & Growth ETF as of its most recent SEC filing.

Global X Information Technology Covered Call & Growth ETF Company Profile

The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.