Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG – Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 2,418 shares, a decrease of 42.1% from the March 31st total of 4,179 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,955 shares, the days-to-cover ratio is presently 1.2 days.
Global X Russell 2000 Covered Call & Growth ETF Trading Up 0.1%
RYLG traded up $0.02 during trading on Monday, reaching $23.35. The stock had a trading volume of 8,568 shares, compared to its average volume of 2,791. The stock’s 50 day moving average is $22.55 and its two-hundred day moving average is $22.78. The company has a market capitalization of $7.94 million, a price-to-earnings ratio of 16.05 and a beta of 0.86. Global X Russell 2000 Covered Call & Growth ETF has a one year low of $19.62 and a one year high of $23.51.
Hedge Funds Weigh In On Global X Russell 2000 Covered Call & Growth ETF
An institutional investor recently raised its position in Global X Russell 2000 Covered Call & Growth ETF stock. Farther Finance Advisors LLC boosted its position in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG – Free Report) by 56.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,057 shares of the company’s stock after purchasing an additional 1,467 shares during the quarter. Farther Finance Advisors LLC owned approximately 1.13% of Global X Russell 2000 Covered Call & Growth ETF worth $90,000 at the end of the most recent quarter.
Global X Russell 2000 Covered Call & Growth ETF Company Profile
The Global X Russell 2000 Covered Call & Growth ETF (RYLG) is an exchange-traded fund that is based on the Cboe Russell 2000 Half BuyWrite index. The fund tracks an index that holds Russell 2000 stocks and sells one-month, at-the-money call options on up to 50% of value of the portfolio. RYLG was launched on Oct 4, 2022 and is managed by Global X.
Further Reading
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