Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Update

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 381 shares, a decline of 77.7% from the May 31st total of 1,710 shares. Based on an average daily volume of 4,139 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of 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 bought a new position in shares of Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned about 2.76% of Global X Information Technology Covered Call & Growth ETF at the end of the most recent reporting period.

Global X Information Technology Covered Call & Growth ETF Price Performance

NYSEARCA:TYLG traded down $0.42 during midday trading on Friday, hitting $40.92. The company’s stock had a trading volume of 1,542 shares, compared to its average volume of 2,423. Global X Information Technology Covered Call & Growth ETF has a fifty-two week low of $32.61 and a fifty-two week high of $43.43. The firm’s 50 day moving average is $40.60 and its 200-day moving average is $37.44. The firm has a market cap of $13.50 million, a P/E ratio of 36.82 and a beta of 1.00.

About Global X Information Technology Covered Call & Growth ETF

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.