Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) Sees Significant Growth in Short Interest

Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 4,440 shares, a growth of 180.3% from the November 30th total of 1,584 shares. Currently, 3.0% of the shares of the stock are short sold. Based on an average trading volume of 3,685 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 3,685 shares, the days-to-cover ratio is presently 1.2 days. Currently, 3.0% of the shares of the stock are short sold.

Global X Dow 30 Covered Call & Growth ETF Price Performance

Shares of DYLG stock traded down $0.02 during trading hours on Friday, reaching $28.21. 8,366 shares of the company were exchanged, compared to its average volume of 2,442. Global X Dow 30 Covered Call & Growth ETF has a fifty-two week low of $22.96 and a fifty-two week high of $29.65. The stock’s fifty day moving average is $27.62 and its two-hundred day moving average is $26.86. The company has a market cap of $4.23 million, a price-to-earnings ratio of 21.56 and a beta of 0.66.

About Global X Dow 30 Covered Call & Growth ETF

The Global X Dow 30 Covered Call & Growth ETF (DYLG) is an exchange-traded fund that is based on the Cboe DJIA Half BuyWrite index. The fund tracks an index of DJIA stocks and sells one-month, at-the-money index call options on up to 50% of the value of the underlying portfolio. The fund aims to deliver monthly distributions. DYLG was launched on Jul 25, 2023 and is issued by Global X.