Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 60,800 shares, a growth of 174.3% from the August 31st total of 22,166 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average trading volume of 40,805 shares, the short-interest ratio is presently 1.5 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. Oarsman Capital Inc. purchased a new stake in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 37,492 shares of the company’s stock, valued at approximately $1,136,000. Oarsman Capital Inc. owned 0.69% of Nasdaq 100 Covered Call & Growth ETF as of its most recent filing with the SEC.
Nasdaq 100 Covered Call & Growth ETF Trading Down 0.7%
QYLG stock traded down $0.20 during midday trading on Monday, hitting $30.32. 23,769 shares of the company’s stock were exchanged, compared to its average volume of 44,541. Nasdaq 100 Covered Call & Growth ETF has a 1-year low of $25.01 and a 1-year high of $30.73. The stock has a market capitalization of $176.77 million, a PE ratio of 33.07 and a beta of 0.91. The business has a 50-day simple moving average of $29.50 and a two-hundred day simple moving average of $28.92.
Nasdaq 100 Covered Call & Growth ETF Cuts Dividend
About Nasdaq 100 Covered Call & Growth ETF
The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is managed by Global X.
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