Short Interest in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Drops By 72.6%

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 28,821 shares, a drop of 72.6% from the June 15th total of 105,093 shares. Based on an average trading volume of 47,977 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are sold short.

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

A hedge fund recently raised its stake in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management raised its position in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGFree Report) by 4.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,299 shares of the company’s stock after buying an additional 723 shares during the period. Triumph Capital Management owned about 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 at the end of the most recent reporting period.

Nasdaq 100 Covered Call & Growth ETF Trading Up 0.3%

QYLG stock traded up $0.09 during midday trading on Friday, hitting $30.16. The company had a trading volume of 37,367 shares, compared to its average volume of 44,649. Nasdaq 100 Covered Call & Growth ETF has a 52 week low of $25.01 and a 52 week high of $30.73. The stock’s 50 day moving average price is $29.73 and its 200 day moving average price is $28.15. The stock has a market cap of $159.85 million, a price-to-earnings ratio of 33.07 and a beta of 0.91.

Nasdaq 100 Covered Call & Growth ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 22nd were issued a $0.2075 dividend. The ex-dividend date was Monday, June 22nd.

About Nasdaq 100 Covered Call & Growth ETF

(Get Free Report)

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. QYLG was launched on Sep 18, 2020 and is managed by Global X.

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