Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Short Interest Down 69.4% in March

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

Institutional Investors Weigh In On Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently bought a new position in Nasdaq 100 Covered Call & Growth ETF stock. OLD Mission Capital LLC purchased a new stake in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,859 shares of the company’s stock, valued at approximately $389,000. OLD Mission Capital LLC owned approximately 0.37% of Nasdaq 100 Covered Call & Growth ETF at the end of the most recent reporting period.

Nasdaq 100 Covered Call & Growth ETF Stock Performance

Shares of Nasdaq 100 Covered Call & Growth ETF stock opened at $26.29 on Thursday. The firm has a market cap of $98.06 million, a P/E ratio of 30.33 and a beta of 0.93. The firm’s 50-day simple moving average is $27.85 and its 200-day simple moving average is $30.56. Nasdaq 100 Covered Call & Growth ETF has a twelve month low of $25.48 and a twelve month high of $34.19.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

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

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.