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 decrease in short interest in the month of July. As of July 15th, there was short interest totalling 13,800 shares, a decrease of 64.4% from the June 30th total of 38,800 shares. Based on an average daily volume of 26,300 shares, the days-to-cover ratio is presently 0.5 days.

Nasdaq 100 Covered Call & Growth ETF Trading Down 1.1 %

NASDAQ:QYLG traded down $0.33 during mid-day trading on Thursday, hitting $30.44. 22,238 shares of the company’s stock traded hands, compared to its average volume of 24,029. The firm has a 50 day moving average of $31.43 and a two-hundred day moving average of $30.49. The firm has a market capitalization of $106.54 million, a price-to-earnings ratio of 34.17 and a beta of 0.93. Nasdaq 100 Covered Call & Growth ETF has a 12 month low of $25.50 and a 12 month high of $32.60.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 29th. Shareholders of record on Monday, July 22nd will be given a $0.168 dividend. The ex-dividend date of this dividend is Monday, July 22nd. This represents a $2.02 dividend on an annualized basis and a dividend yield of 6.62%. This is an increase from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.14.

Institutional Trading of 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. acquired a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,300 shares of the company’s stock, valued at approximately $38,000.

Nasdaq 100 Covered Call & Growth ETF Company Profile

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.