Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Short Interest Update

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,308,724 shares, a growth of 23.3% from the December 31st total of 1,061,468 shares. Based on an average daily volume of 761,390 shares, the short-interest ratio is currently 1.7 days. Currently, 1.7% of the shares of the stock are short sold. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily volume of 761,390 shares, the short-interest ratio is currently 1.7 days.

Global X S&P 500 Covered Call ETF Stock Down 0.4%

Global X S&P 500 Covered Call ETF stock opened at $40.71 on Wednesday. Global X S&P 500 Covered Call ETF has a 52-week low of $34.53 and a 52-week high of $42.92. The firm’s fifty day moving average is $40.64 and its 200 day moving average is $39.79. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 25.32 and a beta of 0.53.

Global X S&P 500 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.3597 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend was Tuesday, January 20th. This is a positive change from Global X S&P 500 Covered Call ETF’s previous monthly dividend of $0.33.

Institutional Investors Weigh In On Global X S&P 500 Covered Call ETF

Large investors have recently added to or reduced their stakes in the stock. MGB Wealth Management LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF in the 2nd quarter valued at approximately $26,000. GHP Investment Advisors Inc. purchased a new stake in Global X S&P 500 Covered Call ETF during the 2nd quarter valued at $34,000. Activest Wealth Management bought a new stake in Global X S&P 500 Covered Call ETF in the third quarter worth $39,000. Measured Wealth Private Client Group LLC bought a new stake in Global X S&P 500 Covered Call ETF in the third quarter worth $52,000. Finally, Farther Finance Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF during the third quarter worth $58,000.

About Global X S&P 500 Covered Call ETF

The Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is managed by Global X.