S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG – Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 34,488 shares, a drop of 42.5% from the November 30th total of 59,975 shares. Based on an average daily volume of 42,472 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.8% of the shares of the stock are sold short. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily volume of 42,472 shares, the days-to-cover ratio is currently 0.8 days.
Institutional Trading of S&P 500 Covered Call & Growth ETF
A hedge fund recently raised its stake in S&P 500 Covered Call & Growth ETF stock. Farther Finance Advisors LLC raised its holdings in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG – Free Report) by 17.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,319 shares of the company’s stock after purchasing an additional 2,168 shares during the quarter. Farther Finance Advisors LLC owned 0.75% of S&P 500 Covered Call & Growth ETF worth $394,000 as of its most recent SEC filing.
S&P 500 Covered Call & Growth ETF Trading Down 0.0%
NYSEARCA:XYLG traded down $0.01 during trading hours on Monday, hitting $29.78. The company had a trading volume of 70,265 shares, compared to its average volume of 24,984. S&P 500 Covered Call & Growth ETF has a 1 year low of $23.07 and a 1 year high of $29.91. The company has a market cap of $55.69 million, a P/E ratio of 25.30 and a beta of 0.78. The company has a 50-day moving average of $29.36 and a 200 day moving average of $28.55.
About S&P 500 Covered Call & Growth ETF
The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.
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