Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Stock Short Interest Rises 51.2%

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 12,157 shares, a growth of 51.2% from the August 31st total of 8,041 shares. Based on an average daily trading volume, of 38,672 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Global X Dow 30 Covered Call ETF

A number of institutional investors have recently modified their holdings of DJIA. XML Financial LLC lifted its holdings in shares of Global X Dow 30 Covered Call ETF by 352.0% during the 2nd quarter. XML Financial LLC now owns 271,811 shares of the company’s stock valued at $6,018,000 after buying an additional 211,680 shares during the period. Janney Montgomery Scott LLC lifted its stake in Global X Dow 30 Covered Call ETF by 75.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 59,583 shares of the company’s stock worth $1,254,000 after acquiring an additional 25,659 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Global X Dow 30 Covered Call ETF by 50.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,954 shares of the company’s stock worth $995,000 after buying an additional 15,132 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Global X Dow 30 Covered Call ETF during the second quarter worth about $273,000. Finally, Fifth Third Bancorp purchased a new position in Global X Dow 30 Covered Call ETF in the first quarter valued at about $111,000.

Global X Dow 30 Covered Call ETF Stock Performance

DJIA stock traded up $0.03 on Friday, reaching $22.25. The company had a trading volume of 5,700 shares, compared to its average volume of 66,293. Global X Dow 30 Covered Call ETF has a 1 year low of $20.65 and a 1 year high of $23.06. The company’s fifty day moving average is $22.65 and its 200 day moving average is $22.04. The company has a market cap of $187.34 million, a P/E ratio of 21.12 and a beta of 0.47.

Global X Dow 30 Covered Call ETF Company Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.