Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Down 65.3% in April

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 3,300 shares, a drop of 65.3% from the March 31st total of 9,500 shares. Based on an average trading volume of 21,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. Wetzel Investment Advisors Inc. purchased a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 1,300 shares of the company’s stock, valued at approximately $38,000.

Nasdaq 100 Covered Call & Growth ETF Stock Down 0.7 %

NASDAQ QYLG traded down $0.21 during trading on Thursday, hitting $29.32. The company’s stock had a trading volume of 9,919 shares, compared to its average volume of 22,096. The firm has a 50 day moving average price of $30.23 and a 200 day moving average price of $28.93. The firm has a market cap of $113.18 million, a P/E ratio of 34.20 and a beta of 0.93. Nasdaq 100 Covered Call & Growth ETF has a 52 week low of $24.78 and a 52 week high of $30.78.

Nasdaq 100 Covered Call & Growth ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be given a $0.1466 dividend. This represents a $1.76 annualized dividend and a yield of 6.00%. The ex-dividend date is Monday, April 22nd.

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.