Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) Short Interest Update

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 16 shares, a decrease of 97.9% from the May 14th total of 752 shares. Based on an average daily volume of 2,614 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

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 raised its stake in Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) by 56.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 approximately 1.13% of Global X Russell 2000 Covered Call & Growth ETF worth $90,000 at the end of the most recent quarter.

Global X Russell 2000 Covered Call & Growth ETF Price Performance

Shares of RYLG opened at $23.91 on Wednesday. The firm has a 50 day simple moving average of $23.31 and a 200-day simple moving average of $22.98. Global X Russell 2000 Covered Call & Growth ETF has a 1-year low of $20.66 and a 1-year high of $24.35. The stock has a market cap of $8.13 million, a price-to-earnings ratio of 16.05 and a beta of 0.86.

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.