Short Interest in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Drops By 13.9%

Posted by Chris Copeland on Dec 31st, 2024

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

Global X NASDAQ 100 Risk Managed Income ETF Trading Up 0.1 %

Shares of NASDAQ QRMI traded up $0.01 during midday trading on Tuesday, hitting $17.43. 4,878 shares of the company’s stock were exchanged, compared to its average volume of 8,776. The business’s fifty day moving average price is $17.16 and its two-hundred day moving average price is $16.98. The company has a market cap of $17.95 million, a price-to-earnings ratio of 26.54 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a 12-month low of $16.21 and a 12-month high of $17.85.

Global X NASDAQ 100 Risk Managed Income ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th will be paid a $0.1772 dividend. The ex-dividend date of this dividend is Monday, December 30th. This is a boost from Global X NASDAQ 100 Risk Managed Income ETF’s previous dividend of $0.17.

Institutional Trading of 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 boosted its position in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Free Report) by 45.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,866 shares of the company’s stock after acquiring 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 as of its most recent filing with the Securities & Exchange Commission.

About Global X NASDAQ 100 Risk Managed Income ETF

(Get Free Report)

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.