Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Shares Shorted: Short Interest Down 87.4% in October

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 106 shares, a drop of 87.4% from the October 15th total of 843 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,686 shares, the short-interest ratio is presently 0.0 days.

Global X S&P 500 Tail Risk ETF Stock Down 0.2%

NYSEARCA:XTR traded down $0.06 on Thursday, reaching $28.53. The stock had a trading volume of 248 shares, compared to its average volume of 2,035. The company has a market capitalization of $4.85 million, a P/E ratio of 25.32 and a beta of 0.86. Global X S&P 500 Tail Risk ETF has a 1-year low of $24.63 and a 1-year high of $31.42. The stock has a fifty day moving average price of $28.87 and a 200-day moving average price of $27.85.

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.