Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Short Interest Up 5,106.2% in June

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 833 shares, an increase of 5,106.2% from the May 31st total of 16 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 2,202 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds 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. Triumph Capital Management grew its holdings in shares of Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 5.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 20,754 shares of the company’s stock after acquiring an additional 1,079 shares during the period. Triumph Capital Management owned about 5.93% of Global X Russell 2000 Covered Call & Growth ETF worth $468,000 as of its most recent SEC filing.

Global X Russell 2000 Covered Call & Growth ETF Price Performance

Global X Russell 2000 Covered Call & Growth ETF stock opened at $24.53 on Friday. The business has a 50 day moving average of $23.81 and a 200-day moving average of $23.12. The company has a market capitalization of $8.34 million, a P/E ratio of 16.05 and a beta of 0.86. Global X Russell 2000 Covered Call & Growth ETF has a 1 year low of $20.79 and a 1 year high of $24.77.

Global X Russell 2000 Covered Call & Growth ETF Company Profile

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.