Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 1,734 shares, a growth of 430.3% from the June 30th total of 327 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,931 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Investors Weigh In On Global X Information Technology Covered Call & Growth ETF
A hedge fund recently bought a new stake in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management bought a new stake in Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned approximately 2.76% of Global X Information Technology Covered Call & Growth ETF as of its most recent filing with the SEC.
Global X Information Technology Covered Call & Growth ETF Stock Performance
Shares of NYSEARCA TYLG traded down $0.40 during trading hours on Friday, hitting $39.65. 2,130 shares of the stock were exchanged, compared to its average volume of 2,557. The company has a market cap of $14.27 million, a PE ratio of 36.82 and a beta of 0.99. The company’s fifty day simple moving average is $41.38 and its two-hundred day simple moving average is $38.08. Global X Information Technology Covered Call & Growth ETF has a 1-year low of $32.61 and a 1-year high of $43.43.
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.
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