Global X S&P 500 Tail Risk ETF (NYSEARCA:XTR) Short Interest Update
by Teresa Graham · The Cerbat GemGlobal X S&P 500 Tail Risk ETF (NYSEARCA:XTR – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 10,686 shares, a growth of 129.7% from the April 30th total of 4,652 shares. Based on an average trading volume of 2,646 shares, the days-to-cover ratio is currently 4.0 days. Approximately 8.9% of the company’s shares are short sold.
Global X S&P 500 Tail Risk ETF Stock Performance
Shares of XTR stock traded up $0.12 on Friday, hitting $28.81. 1,473 shares of the stock traded hands, compared to its average volume of 2,465. The firm’s 50-day moving average price is $26.90 and its two-hundred day moving average price is $27.75. The stock has a market capitalization of $3.46 million, a PE ratio of 25.32 and a beta of 0.85. Global X S&P 500 Tail Risk ETF has a twelve month low of $24.63 and a twelve month high of $31.42.
About Global X S&P 500 Tail Risk ETF
The Global X S&P 500 Tail Risk ETF (XTR) is an exchange-traded fund that is based on the Cboe S&P 500 Tail Risk index. The fund tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. XTR was launched on Aug 25, 2021 and is managed by Global X.