Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) Short Interest Up 420.0% in October

Global X Information Technology Covered Call & Growth ETF (NYSEARCA:TYLG) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,600 shares, a growth of 420.0% from the September 30th total of 500 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 1.3 days.

Global X Information Technology Covered Call & Growth ETF Stock Up 0.4%

NYSEARCA:TYLG opened at $37.48 on Thursday. Global X Information Technology Covered Call & Growth ETF has a 1-year low of $25.58 and a 1-year high of $37.54. The firm has a market capitalization of $11.24 million, a price-to-earnings ratio of 36.82 and a beta of 0.92. The stock has a fifty day simple moving average of $35.34 and a 200 day simple moving average of $33.27.

About Global X Information Technology Covered Call & Growth ETF

The Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index that holds S&P 500 technology stocks and sells one-month, at-the-money call options on up to 50% of each stock. TYLG was launched on Nov 21, 2022 and is managed by Global X.