Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) Short Interest Down 36.3% in February

Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 3,518 shares, a decline of 36.3% from the February 12th total of 5,523 shares. Currently, 2.9% of the company’s stock are short sold. Based on an average trading volume of 1,603 shares, the days-to-cover ratio is currently 2.2 days. Based on an average trading volume of 1,603 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.9% of the company’s stock are short sold.

Global X S&P 500 Collar 95-110 ETF Trading Down 0.6%

Shares of XCLR stock traded down $0.15 during midday trading on Friday, reaching $26.08. 61 shares of the stock were exchanged, compared to its average volume of 1,846. Global X S&P 500 Collar 95-110 ETF has a 1 year low of $25.04 and a 1 year high of $30.70. The firm has a market cap of $3.13 million, a PE ratio of 24.68 and a beta of 0.63. The company’s 50 day moving average is $27.04 and its two-hundred day moving average is $28.90.

Hedge Funds Weigh In On Global X S&P 500 Collar 95-110 ETF

An institutional investor recently raised its position in Global X S&P 500 Collar 95-110 ETF stock. Envestnet Asset Management Inc. lifted its position in Global X S&P 500 Collar 95-110 ETF (NYSEARCA:XCLR) by 5.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,286 shares of the company’s stock after buying an additional 1,083 shares during the period. Envestnet Asset Management Inc. owned about 18.57% of Global X S&P 500 Collar 95-110 ETF worth $629,000 as of its most recent SEC filing.

About Global X S&P 500 Collar 95-110 ETF

The Global X S&P 500 Collar 95-110 ETF (XCLR) is an exchange-traded fund that is based on the Cboe S&P 500 3-Month Collar 95-110 index. The fund tracks an index that invests in S&P 500 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money on the S&P 500 Index. XCLR was launched on Aug 25, 2021 and is managed by Global X.