Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Down 42.3% in January

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 57,100 shares, a drop of 42.3% from the January 15th total of 99,000 shares. Based on an average daily trading volume, of 31,100 shares, the days-to-cover ratio is presently 1.8 days.

Nasdaq 100 Covered Call & Growth ETF Stock Up 0.5 %

QYLG stock traded up $0.15 on Thursday, reaching $29.04. 19,020 shares of the company’s stock were exchanged, compared to its average volume of 53,233. The stock has a fifty day moving average of $30.26 and a 200-day moving average of $31.30. The firm has a market cap of $108.30 million, a PE ratio of 34.17 and a beta of 0.93. Nasdaq 100 Covered Call & Growth ETF has a twelve month low of $27.59 and a twelve month high of $34.19.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 28th. Shareholders of record on Tuesday, January 21st were issued a $0.1592 dividend. The ex-dividend date was Tuesday, January 21st.

Hedge Funds Weigh In On Nasdaq 100 Covered Call & Growth ETF

A hedge fund recently bought a new stake in Nasdaq 100 Covered Call & Growth ETF stock. OLD Mission Capital LLC acquired a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,859 shares of the company’s stock, valued at approximately $389,000. OLD Mission Capital LLC owned 0.37% of Nasdaq 100 Covered Call & Growth ETF at the end of the most recent reporting period.

About Nasdaq 100 Covered Call & Growth ETF

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.