Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) Short Interest Down 44.3% in January

Global X Dow 30 Covered Call & Growth ETF (NYSEARCA:DYLG) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,484 shares, a decline of 44.3% from the December 31st total of 8,050 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 8,289 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 8,289 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.0% of the company’s shares are sold short.

Global X Dow 30 Covered Call & Growth ETF Trading Down 0.1%

DYLG traded down $0.04 during mid-day trading on Friday, hitting $26.83. 3,196 shares of the stock were exchanged, compared to its average volume of 6,280. The firm’s fifty day moving average is $27.44 and its two-hundred day moving average is $27.06. Global X Dow 30 Covered Call & Growth ETF has a 1-year low of $22.96 and a 1-year high of $28.30. The company has a market cap of $5.90 million, a PE ratio of 21.56 and a beta of 0.66.

Global X Dow 30 Covered Call & Growth ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1012 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.