S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Short Interest Update

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 10,114 shares, a drop of 87.8% from the January 15th total of 83,222 shares. Based on an average daily volume of 38,785 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 38,785 shares, the days-to-cover ratio is presently 0.3 days.

S&P 500 Covered Call & Growth ETF Stock Down 1.0%

XYLG traded down $0.29 during trading on Thursday, hitting $27.47. 9,878 shares of the company’s stock were exchanged, compared to its average volume of 34,516. S&P 500 Covered Call & Growth ETF has a fifty-two week low of $23.07 and a fifty-two week high of $29.91. The stock has a market cap of $65.10 million, a P/E ratio of 25.30 and a beta of 0.78. The business’s 50 day moving average is $28.34 and its two-hundred day moving average is $28.59.

S&P 500 Covered Call & Growth ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.1213 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Tuesday, January 20th.

Institutional Trading of S&P 500 Covered Call & Growth ETF

A hedge fund recently raised its stake in S&P 500 Covered Call & Growth ETF stock. Private Trust Co. NA boosted its holdings in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) by 100.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,000 shares of the company’s stock after purchasing an additional 500 shares during the period. Private Trust Co. NA owned about 0.05% of S&P 500 Covered Call & Growth ETF worth $28,000 as of its most recent SEC filing.

About S&P 500 Covered Call & Growth ETF

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.