Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Sees Large Growth in Short Interest

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 67,800 shares, agrowthof143.9% from the July 31st total of 27,800 shares. Based on an average daily volume of 30,400 shares, the short-interest ratio is currently 2.2 days. Based on an average daily volume of 30,400 shares, the short-interest ratio is currently 2.2 days.

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. Farther Finance Advisors LLC acquired a new position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,308 shares of the company’s stock, valued at approximately $60,000. Farther Finance Advisors LLC owned approximately 0.06% of Nasdaq 100 Covered Call & Growth ETF as of its most recent SEC filing.

Nasdaq 100 Covered Call & Growth ETF Stock Performance

Shares of NASDAQ QYLG opened at $28.27 on Thursday. The firm has a market capitalization of $107.99 million, a price-to-earnings ratio of 33.07 and a beta of 0.93. The stock has a 50 day moving average price of $28.17 and a 200 day moving average price of $26.97. Nasdaq 100 Covered Call & Growth ETF has a 52-week low of $22.15 and a 52-week high of $34.19.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 25th. Investors of record on Monday, August 18th were paid a $0.1356 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

About Nasdaq 100 Covered Call & Growth ETF

(Get Free Report)

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.

Further Reading

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