Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Sees Significant Increase in Short Interest

Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 7,357 shares, a growth of 35.8% from the January 29th total of 5,418 shares. Currently, 7.4% of the company’s shares are short sold. Based on an average daily trading volume, of 2,035 shares, the short-interest ratio is presently 3.6 days. Based on an average daily trading volume, of 2,035 shares, the short-interest ratio is presently 3.6 days. Currently, 7.4% of the company’s shares are short sold.

Global X S&P 500 Tail Risk ETF Stock Down 0.4%

Shares of XTR traded down $0.11 during midday trading on Monday, reaching $26.45. The company had a trading volume of 3,132 shares, compared to its average volume of 2,611. Global X S&P 500 Tail Risk ETF has a 1-year low of $24.22 and a 1-year high of $31.42. The stock has a market cap of $2.64 million, a PE ratio of 25.32 and a beta of 0.84. The firm has a 50 day simple moving average of $27.21 and a 200-day simple moving average of $29.26.

About Global X S&P 500 Tail Risk ETF

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.