Short Interest in Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Drops By 65.3%

by · The Cerbat Gem

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 9,368 shares, a decrease of 65.3% from the April 15th total of 27,025 shares. Based on an average daily volume of 97,244 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Global X Dow 30 Covered Call ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Simplex Trading LLC grew its holdings in Global X Dow 30 Covered Call ETF by 327.3% during the fourth quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock valued at $32,000 after purchasing an additional 1,103 shares during the period. Kestra Advisory Services LLC bought a new position in Global X Dow 30 Covered Call ETF during the fourth quarter valued at $37,000. Flagship Harbor Advisors LLC bought a new position in Global X Dow 30 Covered Call ETF during the fourth quarter valued at $75,000. Fifth Third Bancorp bought a new position in Global X Dow 30 Covered Call ETF during the first quarter valued at $111,000. Finally, Rockefeller Capital Management L.P. bought a new position in Global X Dow 30 Covered Call ETF during the fourth quarter valued at $114,000.

Global X Dow 30 Covered Call ETF Stock Performance

NYSEARCA DJIA traded down $0.07 on Friday, hitting $21.75. 88,388 shares of the stock traded hands, compared to its average volume of 74,544. The business’s fifty day moving average is $21.38 and its two-hundred day moving average is $21.99. Global X Dow 30 Covered Call ETF has a 12 month low of $20.65 and a 12 month high of $22.75. The firm has a market capitalization of $170.52 million, a price-to-earnings ratio of 21.12 and a beta of 0.47.

Global X Dow 30 Covered Call ETF Company Profile

(Get Free Report)

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.

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