Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Up 35.8% in February

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 7,357 shares, a growth of 35.8% from the January 29th total of 5,418 shares. Approximately 7.4% of the shares of the company are sold short. Based on an average daily volume of 2,035 shares, the days-to-cover ratio is currently 3.6 days. Based on an average daily volume of 2,035 shares, the days-to-cover ratio is currently 3.6 days. Approximately 7.4% of the shares of the company are sold short.

Global X S&P 500 Tail Risk ETF Stock Performance

Shares of XTR traded down $0.11 during trading hours on Monday, hitting $26.45. The stock had a trading volume of 3,132 shares, compared to its average volume of 2,611. The firm has a 50-day moving average price of $27.21 and a 200 day moving average price of $29.26. Global X S&P 500 Tail Risk ETF has a fifty-two week low of $24.22 and a fifty-two week high of $31.42. The firm has a market capitalization of $2.64 million, a price-to-earnings ratio of 25.32 and a beta of 0.84.

Global X S&P 500 Tail Risk ETF Company Profile

The Global X S&P 500 Tail Risk ETF (XTR) is an exchange-traded fund that is based on the Cboe S&P 500 Tail Risk index. The fund tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. XTR was launched on Aug 25, 2021 and is managed by Global X.