Short Interest in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Rises By 197.6%

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 1,610 shares, a growth of 197.6% from the December 31st total of 541 shares. Based on an average trading volume of 3,853 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 3,853 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors 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. Farther Finance Advisors LLC grew its position in shares of Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 56.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,057 shares of the company’s stock after acquiring an additional 1,467 shares during the quarter. Farther Finance Advisors LLC owned about 1.13% of Global X Russell 2000 Covered Call & Growth ETF worth $90,000 at the end of the most recent reporting period.

Global X Russell 2000 Covered Call & Growth ETF Price Performance

Shares of RYLG opened at $23.06 on Thursday. Global X Russell 2000 Covered Call & Growth ETF has a 1 year low of $17.93 and a 1 year high of $23.51. The company has a 50 day simple moving average of $22.93 and a two-hundred day simple moving average of $22.51. The firm has a market cap of $8.07 million, a P/E ratio of 16.05 and a beta of 0.89.

Global X Russell 2000 Covered Call & Growth ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1481 per share. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend was Tuesday, January 20th.

Global X Russell 2000 Covered Call & Growth ETF Company Profile

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.