Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Short Interest Up 165.1% in June

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 34,205 shares, an increase of 165.1% from the June 15th total of 12,902 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 74,222 shares, the days-to-cover ratio is currently 0.5 days.

Global X Dow 30 Covered Call ETF Stock Performance

Global X Dow 30 Covered Call ETF stock traded up $0.02 during trading on Wednesday, reaching $22.34. The company had a trading volume of 29,093 shares, compared to its average volume of 71,123. The firm’s 50-day simple moving average is $21.94 and its 200 day simple moving average is $21.89. Global X Dow 30 Covered Call ETF has a 1-year low of $20.65 and a 1-year high of $22.75. The firm has a market capitalization of $182.52 million, a PE ratio of 21.12 and a beta of 0.46.

Institutional Trading of Global X Dow 30 Covered Call ETF

Several institutional investors have recently modified their holdings of DJIA. Simplex Trading LLC increased its stake in shares of Global X Dow 30 Covered Call ETF by 327.3% during the fourth quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock worth $32,000 after purchasing an additional 1,103 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Global X Dow 30 Covered Call ETF in the 4th quarter valued at about $37,000. Flagship Harbor Advisors LLC acquired a new stake in Global X Dow 30 Covered Call ETF in the 4th quarter worth about $75,000. Fifth Third Bancorp acquired a new stake in Global X Dow 30 Covered Call ETF in the 1st quarter worth about $111,000. Finally, Rockefeller Capital Management L.P. purchased a new stake in Global X Dow 30 Covered Call ETF during the 4th quarter worth approximately $114,000.

Global X Dow 30 Covered Call ETF Company Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.