Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Down 77.7% in June

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 381 shares, a decline of 77.7% from the May 31st total of 1,710 shares. Based on an average daily trading volume, of 4,139 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Global X Information Technology Covered Call & Growth ETF Stock Performance

Shares of TYLG opened at $40.92 on Friday. The stock has a market capitalization of $13.50 million, a PE ratio of 36.82 and a beta of 1.00. The company’s fifty day moving average is $40.60 and its 200 day moving average is $37.44. Global X Information Technology Covered Call & Growth ETF has a fifty-two week low of $32.61 and a fifty-two week high of $43.43.

Institutional Trading of Global X Information Technology Covered Call & Growth ETF

A hedge fund recently bought a new position in Global X Information Technology Covered Call & Growth ETF stock. Triumph Capital Management acquired a new stake in shares of Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,280 shares of the company’s stock, valued at approximately $296,000. Triumph Capital Management owned approximately 2.76% of Global X Information Technology Covered Call & Growth ETF at the end of the most recent reporting period.

About Global X Information Technology Covered Call & Growth ETF

The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.