Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Down 65.3% in April

Posted by James Conley on Apr 25th, 2024

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Get Free Report) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 3,300 shares, a decline of 65.3% from the March 31st total of 9,500 shares. Based on an average daily volume of 21,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Nasdaq 100 Covered Call & Growth ETF

A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. Wetzel Investment Advisors Inc. purchased a new stake in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,300 shares of the company’s stock, valued at approximately $38,000.

Nasdaq 100 Covered Call & Growth ETF Trading Down 0.7 %

QYLG stock traded down $0.21 during trading on Thursday, reaching $29.32. 9,919 shares of the stock were exchanged, compared to its average volume of 22,096. The business has a 50 day moving average price of $30.23 and a 200-day moving average price of $28.93. Nasdaq 100 Covered Call & Growth ETF has a 1 year low of $24.78 and a 1 year high of $30.78. The firm has a market capitalization of $113.18 million, a price-to-earnings ratio of 34.20 and a beta of 0.93.

Nasdaq 100 Covered Call & Growth ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be paid a $0.1466 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date is Monday, April 22nd.

About Nasdaq 100 Covered Call & Growth ETF

(Get Free Report)

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.