S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Sees Significant Increase in Short Interest

Posted by Doug Wharley on Feb 28th, 2026

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG – Get Free Report) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 30,496 shares, a growth of 201.5% from the January 29th total of 10,114 shares. Based on an average daily trading volume, of 16,971 shares, the short-interest ratio is currently 1.8 days. Currently, 1.3% of the company’s shares are sold short. Currently, 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 16,971 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On S&P 500 Covered Call & Growth ETF

A hedge fund recently bought a new stake in S&P 500 Covered Call & Growth ETF stock. Janney Montgomery Scott LLC purchased a new position in shares of S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,624 shares of the company’s stock, valued at approximately $292,000. Janney Montgomery Scott LLC owned about 0.45% of S&P 500 Covered Call & Growth ETF at the end of the most recent quarter.

S&P 500 Covered Call & Growth ETF Stock Down 0.5%

Shares of XYLG traded down $0.15 during trading hours on Friday, reaching $27.52. The stock had a trading volume of 11,668 shares, compared to its average volume of 28,566. The company has a market cap of $65.22 million, a P/E ratio of 25.30 and a beta of 0.78. The firm has a 50-day moving average of $27.91 and a 200 day moving average of $28.56. S&P 500 Covered Call & Growth ETF has a 52 week low of $23.07 and a 52 week high of $29.91.

S&P 500 Covered Call & Growth ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Monday, February 23rd were given a dividend of $0.1143 per share. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 5.0%.

About S&P 500 Covered Call & Growth ETF

(Get Free Report)

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.