Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Update

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 38,800 shares, a growth of 46.4% from the June 15th total of 26,500 shares. Based on an average daily trading volume, of 24,900 shares, the short-interest ratio is presently 1.6 days.

Nasdaq 100 Covered Call & Growth ETF Price Performance

Shares of QYLG stock traded up $0.05 on Monday, reaching $32.39. 15,417 shares of the stock were exchanged, compared to its average volume of 22,885. The stock has a 50 day moving average price of $31.20 and a 200 day moving average price of $30.33. The stock has a market cap of $113.37 million, a PE ratio of 34.17 and a beta of 0.93. Nasdaq 100 Covered Call & Growth ETF has a one year low of $25.50 and a one year high of $32.60.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 1st. Stockholders of record on Monday, June 24th were paid a $0.1438 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.33%. The ex-dividend date was Monday, June 24th. This is a positive change from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.14.

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

An institutional investor recently bought a new position in Nasdaq 100 Covered Call & Growth ETF stock. Wetzel Investment Advisors Inc. bought a new position in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,300 shares of the company’s stock, valued at approximately $38,000.

About Nasdaq 100 Covered Call & Growth ETF

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.