Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Short Interest Update

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,705 shares, a growth of 224.7% from the June 15th total of 833 shares. Based on an average trading volume of 2,461 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.8% of the shares of the stock are short sold.

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

An institutional investor recently raised its position in Global X Russell 2000 Covered Call & Growth ETF stock. Farther Finance Advisors LLC grew its stake in shares of Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 56.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,057 shares of the company’s stock after acquiring an additional 1,467 shares during the period. Farther Finance Advisors LLC owned about 1.13% of Global X Russell 2000 Covered Call & Growth ETF worth $90,000 at the end of the most recent reporting period.

Global X Russell 2000 Covered Call & Growth ETF Stock Performance

Shares of NYSEARCA:RYLG traded up $0.08 during trading hours on Tuesday, hitting $24.54. 352 shares of the company’s stock traded hands, compared to its average volume of 2,491. Global X Russell 2000 Covered Call & Growth ETF has a 52 week low of $20.79 and a 52 week high of $24.86. The company’s fifty day simple moving average is $24.15 and its two-hundred day simple moving average is $23.25. The company has a market cap of $8.34 million, a price-to-earnings ratio of 16.05 and a beta of 0.84.

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.