Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Update

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,749 shares, an increase of 111.1% from the January 29th total of 1,302 shares. Based on an average trading volume of 1,981 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 1,981 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On Global X Information Technology Covered Call & Growth ETF

An institutional investor recently bought a new position in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management bought a new position in shares of Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 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 filing with the SEC.

Global X Information Technology Covered Call & Growth ETF Stock Down 0.9%

Shares of NYSEARCA TYLG traded down $0.30 during trading on Friday, hitting $35.09. 2,114 shares of the company traded hands, compared to its average volume of 1,837. The firm has a market capitalization of $10.88 million, a P/E ratio of 36.82 and a beta of 0.92. The company has a 50-day moving average price of $36.13 and a 200-day moving average price of $35.77. Global X Information Technology Covered Call & Growth ETF has a 1 year low of $25.58 and a 1 year high of $37.54.

Global X Information Technology Covered Call & Growth ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.2993 per share. This is a boost from Global X Information Technology Covered Call & Growth ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a yield of 10.2%. The ex-dividend date was Monday, February 23rd.

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.