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

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the target of a large growth in short interest in the month of 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. Approximately 1.6% of the shares of the company are sold short. Based on an average trading volume of 40,300 shares, the short-interest ratio is presently 1.5 days.

Nasdaq 100 Covered Call & Growth ETF Stock Performance

QYLG opened at $26.26 on Monday. The stock has a market capitalization of $97.95 million, a P/E ratio of 30.33 and a beta of 0.93. The company’s 50-day simple moving average is $28.15 and its two-hundred day simple moving average is $30.82. Nasdaq 100 Covered Call & Growth ETF has a 52-week low of $25.48 and a 52-week high of $34.19.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

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

Hedge Funds Weigh In On Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently bought a new position in Nasdaq 100 Covered Call & Growth ETF stock. OLD Mission Capital LLC acquired a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,859 shares of the company’s stock, valued at approximately $389,000. OLD Mission Capital LLC owned 0.37% of Nasdaq 100 Covered Call & Growth ETF as of its most recent SEC filing.

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.