Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Down 38.6% in March

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,840 shares, a decrease of 38.6% from the February 26th total of 9,515 shares. Based on an average daily trading volume, of 5,594 shares, the short-interest ratio is presently 1.0 days. Approximately 5.8% of the shares of the company are short sold.

Global X S&P 500 Tail Risk ETF Trading Down 1.2%

NYSEARCA XTR traded down $0.29 during trading hours on Friday, reaching $24.70. The company’s stock had a trading volume of 300 shares, compared to its average volume of 3,007. The stock has a market cap of $2.47 million, a PE ratio of 25.32 and a beta of 0.84. The business has a 50-day simple moving average of $26.27 and a 200 day simple moving average of $28.75. Global X S&P 500 Tail Risk ETF has a 52 week low of $24.22 and a 52 week high of $31.42.

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.