Short Interest in Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) Grows By 1,040.0%

Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 228 shares, an increase of 1,040.0% from the November 30th total of 20 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 668 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 668 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X S&P 500 Collar 95-110 ETF stock. Envestnet Asset Management Inc. increased its position in Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,376 shares of the company’s stock after acquiring an additional 1,090 shares during the quarter. Envestnet Asset Management Inc. owned about 19.48% of Global X S&P 500 Collar 95-110 ETF worth $699,000 at the end of the most recent quarter.

Global X S&P 500 Collar 95-110 ETF Price Performance

Global X S&P 500 Collar 95-110 ETF stock traded up $0.10 during midday trading on Wednesday, reaching $30.67. The stock had a trading volume of 930 shares, compared to its average volume of 2,766. The firm’s fifty day simple moving average is $30.23 and its two-hundred day simple moving average is $29.37. Global X S&P 500 Collar 95-110 ETF has a twelve month low of $25.04 and a twelve month high of $33.54. The firm has a market cap of $3.68 million, a price-to-earnings ratio of 24.68 and a beta of 0.63.

About Global X S&P 500 Collar 95-110 ETF

The Global X S&P 500 Collar 95-110 ETF (XCLR) is an exchange-traded fund that is based on the Cboe S&P 500 3-Month Collar 95-110 index. The fund tracks an index that invests in S&P 500 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money on the S&P 500 Index. XCLR was launched on Aug 25, 2021 and is managed by Global X.