Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Sees Significant Decrease in Short Interest

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 8,700 shares, a drop of 13.9% from the November 30th total of 10,100 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is currently 1.0 days.

Global X NASDAQ 100 Risk Managed Income ETF Price Performance

QRMI stock opened at $17.71 on Monday. The stock has a market capitalization of $18.24 million, a PE ratio of 26.54 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a 52 week low of $16.21 and a 52 week high of $17.85. The firm has a 50 day moving average of $17.15 and a 200 day moving average of $16.98.

Global X NASDAQ 100 Risk Managed Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, November 25th. Stockholders of record on Monday, November 18th were paid a dividend of $0.1687 per share. The ex-dividend date was Monday, November 18th.

Hedge Funds Weigh In On Global X NASDAQ 100 Risk Managed Income ETF

An institutional investor recently raised its position in Global X NASDAQ 100 Risk Managed Income ETF stock. Arete Wealth Advisors LLC raised its position in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 45.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,866 shares of the company’s stock after purchasing an additional 9,972 shares during the quarter. Arete Wealth Advisors LLC owned 3.09% of Global X NASDAQ 100 Risk Managed Income ETF worth $540,000 at the end of the most recent reporting period.

Global X NASDAQ 100 Risk Managed Income ETF Company Profile

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.