Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Update

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 515 shares, an increase of 24.1% from the December 15th total of 415 shares. Based on an average daily volume of 1,220 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,220 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Global X Information Technology Covered Call & Growth ETF

A hedge fund recently bought a new stake in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management purchased a new stake in Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned 2.76% of Global X Information Technology Covered Call & Growth ETF as of its most recent SEC filing.

Global X Information Technology Covered Call & Growth ETF Price Performance

Global X Information Technology Covered Call & Growth ETF stock opened at $36.67 on Tuesday. Global X Information Technology Covered Call & Growth ETF has a 52-week low of $25.58 and a 52-week high of $37.54. The firm has a market capitalization of $11.37 million, a P/E ratio of 36.82 and a beta of 0.92. The stock has a fifty day moving average price of $36.28 and a two-hundred day moving average price of $35.41.

Global X Information Technology Covered Call & Growth ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th will be issued a dividend of $0.2914 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 9.5%. This is an increase from Global X Information Technology Covered Call & Growth ETF’s previous monthly dividend of $0.21.

About Global X Information Technology Covered Call & Growth ETF

The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.