Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Sees Significant Increase in Short Interest

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,302 shares, an increase of 195.2% from the January 15th total of 441 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 2,026 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 2,026 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Global X Information Technology Covered Call & Growth ETF

An institutional investor recently bought a new position in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management acquired a new stake in Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned 2.76% of Global X Information Technology Covered Call & Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Global X Information Technology Covered Call & Growth ETF Trading Up 0.2%

Shares of NYSEARCA TYLG opened at $35.28 on Friday. Global X Information Technology Covered Call & Growth ETF has a 12 month low of $25.58 and a 12 month high of $37.54. The stock has a market cap of $10.94 million, a price-to-earnings ratio of 36.82 and a beta of 0.92. The company has a 50 day simple moving average of $36.29 and a two-hundred day simple moving average of $35.68.

Global X Information Technology Covered Call & Growth ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.2914 dividend. This represents a c) dividend on an annualized basis and a yield of 9.9%. This is a boost from Global X Information Technology Covered Call & Growth ETF’s previous monthly dividend of $0.21. The ex-dividend date was Tuesday, January 20th.

Global X Information Technology Covered Call & Growth ETF Company Profile

The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.