Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Short Interest Update

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 1,610 shares, a growth of 197.6% from the December 31st total of 541 shares. Based on an average daily volume of 3,853 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 3,853 shares, the short-interest ratio is presently 0.4 days.

Global X Russell 2000 Covered Call & Growth ETF Trading Down 1.1%

Shares of RYLG opened at $22.81 on Friday. The company has a market capitalization of $7.98 million, a price-to-earnings ratio of 16.05 and a beta of 0.89. The stock has a 50 day moving average of $22.97 and a 200 day moving average of $22.52. Global X Russell 2000 Covered Call & Growth ETF has a 12 month low of $17.93 and a 12 month high of $23.51.

Global X Russell 2000 Covered Call & Growth ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.1481 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 7.8%.

Hedge Funds Weigh In On Global X Russell 2000 Covered Call & Growth ETF

A hedge fund recently raised its stake in Global X Russell 2000 Covered Call & Growth ETF stock. Triumph Capital Management boosted its stake in shares of Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 5.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,754 shares of the company’s stock after buying an additional 1,079 shares during the quarter. Triumph Capital Management owned approximately 5.93% of Global X Russell 2000 Covered Call & Growth ETF worth $468,000 as of its most recent SEC filing.

About Global X Russell 2000 Covered Call & Growth ETF

The Global X Russell 2000 Covered Call & Growth ETF (RYLG) is an exchange-traded fund that is based on the Cboe Russell 2000 Half BuyWrite index. The fund tracks an index that holds Russell 2000 stocks and sells one-month, at-the-money call options on up to 50% of value of the portfolio. RYLG was launched on Oct 4, 2022 and is managed by Global X.