Short Interest in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Rises By 71.3%

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 61,500 shares, a growth of 71.3% from the February 13th total of 35,900 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average trading volume of 40,300 shares, the days-to-cover ratio is presently 1.5 days.

Nasdaq 100 Covered Call & Growth ETF Stock Performance

QYLG traded up $0.69 during midday trading on Friday, hitting $26.26. The company had a trading volume of 258,043 shares, compared to its average volume of 26,208. The company has a market capitalization of $97.95 million, a PE ratio of 30.33 and a beta of 0.93. Nasdaq 100 Covered Call & Growth ETF has a twelve month low of $25.48 and a twelve month high of $34.19. The firm’s 50-day simple moving average is $28.15 and its 200-day simple moving average is $30.82.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were paid a dividend of $0.1277 per share. The ex-dividend date was Monday, February 24th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. OLD Mission Capital LLC purchased a new stake in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 13,859 shares of the company’s stock, valued at approximately $389,000. OLD Mission Capital LLC owned approximately 0.37% of Nasdaq 100 Covered Call & Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Nasdaq 100 Covered Call & Growth ETF Company Profile

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.