Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Update

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 18,800 shares, a decline of 69.4% from the February 28th total of 61,500 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 46,200 shares, the days-to-cover ratio is presently 0.4 days.

Nasdaq 100 Covered Call & Growth ETF Trading Down 1.9 %

Shares of Nasdaq 100 Covered Call & Growth ETF stock traded down $0.50 on Friday, reaching $25.69. The stock had a trading volume of 26,889 shares, compared to its average volume of 26,289. The business’s 50 day moving average is $27.75 and its two-hundred day moving average is $30.50. Nasdaq 100 Covered Call & Growth ETF has a 1 year low of $25.48 and a 1 year high of $34.19. The company has a market cap of $91.71 million, a P/E ratio of 30.74 and a beta of 0.92.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be paid a $0.164 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Nasdaq 100 Covered Call & Growth ETF’s previous dividend of $0.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nasdaq 100 Covered Call & Growth ETF stock. SBI Securities Co. Ltd. acquired a new stake in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,176 shares of the company’s stock, valued at approximately $202,000. SBI Securities Co. Ltd. owned 0.19% of Nasdaq 100 Covered Call & Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.