Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Up 29.3% in February

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 9,515 shares, a growth of 29.3% from the February 12th total of 7,357 shares. Currently, 9.5% of the company’s stock are sold short. Based on an average trading volume of 2,970 shares, the short-interest ratio is presently 3.2 days. Based on an average trading volume of 2,970 shares, the short-interest ratio is presently 3.2 days. Currently, 9.5% of the company’s stock are sold short.

Global X S&P 500 Tail Risk ETF Price Performance

Shares of XTR traded up $0.16 during mid-day trading on Monday, hitting $25.72. 2,109 shares of the company’s stock were exchanged, compared to its average volume of 3,178. The company has a market cap of $2.57 million, a PE ratio of 25.32 and a beta of 0.84. Global X S&P 500 Tail Risk ETF has a 52 week low of $24.22 and a 52 week high of $31.42. The company has a 50-day simple moving average of $26.56 and a 200 day simple moving average of $29.04.

Global X S&P 500 Tail Risk ETF Company Profile

The Global X S&P 500 Tail Risk ETF (XTR) is an exchange-traded fund that is based on the Cboe S&P 500 Tail Risk index. The fund tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. XTR was launched on Aug 25, 2021 and is managed by Global X.