Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Short Interest Down 41.5% in August

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 71,001 shares, a decrease of 41.5% from the July 30th total of 121,361 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 57,056 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On Global X Dow 30 Covered Call ETF

A number of institutional investors have recently modified their holdings of the company. Royal Bank of Canada lifted its stake in shares of Global X Dow 30 Covered Call ETF by 13.1% in the first quarter. Royal Bank of Canada now owns 74,038 shares of the company’s stock worth $1,634,000 after buying an additional 8,550 shares during the last quarter. Jane Street Group LLC grew its stake in Global X Dow 30 Covered Call ETF by 93.5% in the 1st quarter. Jane Street Group LLC now owns 33,826 shares of the company’s stock valued at $747,000 after buying an additional 16,342 shares during the last quarter. Cetera Investment Advisers raised its holdings in Global X Dow 30 Covered Call ETF by 66.9% in the 2nd quarter. Cetera Investment Advisers now owns 15,679 shares of the company’s stock worth $340,000 after acquiring an additional 6,282 shares during the period. Raymond James Financial Inc. raised its holdings in Global X Dow 30 Covered Call ETF by 10.1% in the 2nd quarter. Raymond James Financial Inc. now owns 65,046 shares of the company’s stock worth $1,410,000 after acquiring an additional 5,984 shares during the period. Finally, CreativeOne Wealth LLC lifted its position in Global X Dow 30 Covered Call ETF by 13.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 13,250 shares of the company’s stock worth $290,000 after acquiring an additional 1,568 shares during the last quarter.

Global X Dow 30 Covered Call ETF Price Performance

Shares of DJIA stock traded down $0.03 during trading on Monday, reaching $22.90. The company had a trading volume of 31,970 shares, compared to its average volume of 68,330. The firm’s 50 day simple moving average is $22.47 and its two-hundred day simple moving average is $21.98. Global X Dow 30 Covered Call ETF has a one year low of $20.65 and a one year high of $23.00. The company has a market capitalization of $188.70 million, a PE ratio of 21.12 and a beta of 0.46.

About Global X Dow 30 Covered Call ETF

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.