Short Interest in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Decreases By 86.4%

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 945 shares, a decrease of 86.4% from the November 30th total of 6,957 shares. Based on an average daily volume of 2,861 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 2,861 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Global X Russell 2000 Covered Call & Growth ETF

A hedge fund recently raised its stake in Global X Russell 2000 Covered Call & Growth ETF stock. Triumph Capital Management raised its stake in shares of Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 5.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,754 shares of the company’s stock after purchasing an additional 1,079 shares during the period. Triumph Capital Management owned 5.93% of Global X Russell 2000 Covered Call & Growth ETF worth $468,000 as of its most recent filing with the Securities & Exchange Commission.

Global X Russell 2000 Covered Call & Growth ETF Stock Performance

RYLG traded down $0.08 during trading on Friday, reaching $23.15. 9,328 shares of the company traded hands, compared to its average volume of 3,903. The company has a market cap of $8.10 million, a P/E ratio of 16.05 and a beta of 0.89. Global X Russell 2000 Covered Call & Growth ETF has a 12-month low of $17.93 and a 12-month high of $26.46. The firm has a fifty day simple moving average of $22.85 and a 200 day simple moving average of $22.23.

Global X Russell 2000 Covered Call & Growth ETF Company Profile

The Global X Russell 2000 Covered Call & Growth ETF (RYLG) is an exchange-traded fund that is based on the Cboe Russell 2000 Half BuyWrite index. The fund tracks an index that holds Russell 2000 stocks and sells one-month, at-the-money call options on up to 50% of value of the portfolio. RYLG was launched on Oct 4, 2022 and is managed by Global X.