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) saw a significant growth in short interest in the month of 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. Approximately 9.5% of the company’s stock are short sold. Based on an average daily volume of 2,970 shares, the short-interest ratio is currently 3.2 days. Based on an average daily volume of 2,970 shares, the short-interest ratio is currently 3.2 days. Approximately 9.5% of the company’s stock are short sold.

Global X S&P 500 Tail Risk ETF Stock Down 0.7%

Shares of NYSEARCA XTR traded down $0.17 during trading on Friday, reaching $25.56. 2,107 shares of the stock were exchanged, compared to its average volume of 3,200. The company has a market capitalization of $2.56 million, a price-to-earnings ratio of 25.32 and a beta of 0.84. The business’s 50-day moving average price is $26.56 and its 200 day moving average price is $29.04. Global X S&P 500 Tail Risk ETF has a twelve month low of $24.22 and a twelve month high of $31.42.

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.