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

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 752 shares, a decrease of 44.7% from the April 30th total of 1,361 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 1,951 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Global X Russell 2000 Covered Call & Growth ETF

An institutional investor recently raised its position in Global X Russell 2000 Covered Call & Growth ETF stock. Farther Finance Advisors LLC lifted its holdings in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 56.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,057 shares of the company’s stock after purchasing an additional 1,467 shares during the period. Farther Finance Advisors LLC owned about 1.13% of Global X Russell 2000 Covered Call & Growth ETF worth $90,000 at the end of the most recent reporting period.

Global X Russell 2000 Covered Call & Growth ETF Trading Down 1.0%

Shares of NYSEARCA:RYLG opened at $24.05 on Thursday. The company has a 50 day moving average of $23.13 and a 200-day moving average of $22.93. The firm has a market cap of $8.18 million, a P/E ratio of 16.05 and a beta of 0.86. Global X Russell 2000 Covered Call & Growth ETF has a twelve month low of $20.65 and a twelve month high of $24.29.

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.