Short Interest in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Expands By 428.0%

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 47,183 shares, an increase of 428.0% from the April 15th total of 8,937 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 35,949 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Nasdaq 100 Covered Call & Growth ETF

A hedge fund recently raised its stake in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management lifted its holdings in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGFree Report) by 4.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 16,299 shares of the company’s stock after purchasing an additional 723 shares during the period. Triumph Capital Management owned about 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 at the end of the most recent quarter.

Nasdaq 100 Covered Call & Growth ETF Trading Up 0.7%

QYLG opened at $29.90 on Friday. The company has a market capitalization of $148.01 million, a price-to-earnings ratio of 33.07 and a beta of 0.91. Nasdaq 100 Covered Call & Growth ETF has a 12-month low of $25.01 and a 12-month high of $30.55. The business’s fifty day simple moving average is $27.40 and its 200-day simple moving average is $28.21.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Monday, April 20th were issued a dividend of $0.1525 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date was Monday, April 20th.

About Nasdaq 100 Covered Call & Growth ETF

(Get Free Report)

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. QYLG was launched on Sep 18, 2020 and is managed by Global X.

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