Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Short Interest Update

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 121,361 shares, an increase of 67.7% from the July 15th total of 72,384 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average trading volume of 60,732 shares, the days-to-cover ratio is currently 2.0 days.

Global X Dow 30 Covered Call ETF Stock Down 0.0%

DJIA opened at $22.88 on Wednesday. Global X Dow 30 Covered Call ETF has a 52-week low of $20.65 and a 52-week high of $22.90. The company has a market cap of $188.53 million, a P/E ratio of 21.12 and a beta of 0.46. The firm’s 50-day moving average price is $22.33 and its 200-day moving average price is $21.95.

Institutional Trading of Global X Dow 30 Covered Call ETF

Several large investors have recently bought and sold shares of DJIA. Simplex Trading LLC raised its holdings in shares of Global X Dow 30 Covered Call ETF by 327.3% in the fourth quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock worth $32,000 after buying an additional 1,103 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Global X Dow 30 Covered Call ETF during the fourth quarter valued at $37,000. Fifth Third Bancorp purchased a new stake in shares of Global X Dow 30 Covered Call ETF during the first quarter valued at $111,000. Rockefeller Capital Management L.P. acquired a new position in shares of Global X Dow 30 Covered Call ETF in the 4th quarter valued at $114,000. Finally, National Bank of Canada FI increased its position in shares of Global X Dow 30 Covered Call ETF by 5.9% in the 3rd quarter. National Bank of Canada FI now owns 8,139 shares of the company’s stock valued at $177,000 after acquiring an additional 457 shares during the period.

About Global X Dow 30 Covered Call ETF

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.