Short Interest in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Declines By 86.4%

by · The Markets Daily

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG – Get Free Report) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 945 shares, a decline of 86.4% from the November 30th total of 6,957 shares. Based on an average daily volume of 2,861 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 2,861 shares, the short-interest ratio is presently 0.3 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 increased its position in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG – Free Report) by 5.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 approximately 5.93% of Global X Russell 2000 Covered Call & Growth ETF worth $468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Global X Russell 2000 Covered Call & Growth ETF Stock Performance

Shares of Global X Russell 2000 Covered Call & Growth ETF stock traded up $0.04 on Thursday, hitting $23.23. 1,156 shares of the company traded hands, compared to its average volume of 3,881. The stock has a market capitalization of $8.13 million, a P/E ratio of 16.05 and a beta of 0.89. Global X Russell 2000 Covered Call & Growth ETF has a 52 week low of $17.93 and a 52 week high of $26.60. The business has a 50-day simple moving average of $22.84 and a 200 day simple moving average of $22.21.

Global X Russell 2000 Covered Call & Growth ETF Company Profile

(Get Free Report)

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.

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