Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Down 76.6% in August

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,124 shares, a decrease of 76.6% from the August 15th total of 4,798 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 1,440 shares, the days-to-cover ratio is presently 0.8 days.

Global X S&P 500 Tail Risk ETF Stock Performance

Shares of Global X S&P 500 Tail Risk ETF stock traded up $0.24 during trading on Friday, hitting $28.85. The company’s stock had a trading volume of 250 shares, compared to its average volume of 2,219. Global X S&P 500 Tail Risk ETF has a 52 week low of $24.63 and a 52 week high of $31.42. The company has a market capitalization of $4.90 million, a PE ratio of 25.32 and a beta of 0.85. The company has a fifty day simple moving average of $28.72 and a two-hundred day simple moving average of $27.70.

Global X S&P 500 Tail Risk ETF Company Profile

The Global X S&P 500 Tail Risk ETF (XTR) is an exchange-traded fund that is based on the Cboe S&P 500 Tail Risk index. The fund tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. XTR was launched on Aug 25, 2021 and is managed by Global X.