Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 13,270 shares, an increase of 202.8% from the May 14th total of 4,382 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 72,462 shares, the short-interest ratio is presently 0.2 days.
Global X Dow 30 Covered Call ETF Stock Up 0.4%
Shares of DJIA traded up $0.08 on Friday, reaching $22.04. The stock had a trading volume of 45,875 shares, compared to its average volume of 72,535. The firm has a 50-day moving average of $21.60 and a 200 day moving average of $21.96. Global X Dow 30 Covered Call ETF has a twelve month low of $20.65 and a twelve month high of $22.75. The firm has a market capitalization of $172.79 million, a PE ratio of 21.12 and a beta of 0.47.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in DJIA. National Bank of Canada FI grew its stake in shares of Global X Dow 30 Covered Call ETF by 5.9% during the third quarter. National Bank of Canada FI now owns 8,139 shares of the company’s stock valued at $177,000 after acquiring an additional 457 shares in the last quarter. Simplex Trading LLC grew its stake in shares of Global X Dow 30 Covered Call ETF by 327.3% during the fourth quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock valued at $32,000 after acquiring an additional 1,103 shares in the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of Global X Dow 30 Covered Call ETF by 8.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 15,143 shares of the company’s stock valued at $333,000 after acquiring an additional 1,197 shares in the last quarter. Stifel Financial Corp grew its stake in shares of Global X Dow 30 Covered Call ETF by 9.1% during the fourth quarter. Stifel Financial Corp now owns 15,757 shares of the company’s stock valued at $347,000 after acquiring an additional 1,314 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its stake in shares of Global X Dow 30 Covered Call ETF by 13.4% during the third quarter. CreativeOne Wealth LLC now owns 13,250 shares of the company’s stock valued at $290,000 after acquiring an additional 1,568 shares in the last quarter.
About Global X Dow 30 Covered Call ETF
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.
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