Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Up 44.5% in February

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 18,500 shares, a growth of 44.5% from the January 31st total of 12,800 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Trading of Global X NASDAQ 100 Risk Managed Income ETF

A hedge fund recently raised its stake in Global X NASDAQ 100 Risk Managed Income ETF stock. Arete Wealth Advisors LLC increased its holdings in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 9.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,846 shares of the company’s stock after acquiring an additional 2,980 shares during the period. Arete Wealth Advisors LLC owned about 3.29% of Global X NASDAQ 100 Risk Managed Income ETF worth $607,000 at the end of the most recent reporting period.

Global X NASDAQ 100 Risk Managed Income ETF Stock Performance

QRMI traded up $0.02 during trading on Tuesday, reaching $16.91. The company had a trading volume of 12,156 shares, compared to its average volume of 10,502. The firm’s 50-day simple moving average is $17.49 and its 200 day simple moving average is $17.18. The company has a market cap of $17.92 million, a price-to-earnings ratio of 34.54 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 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were paid a $0.1742 dividend. The ex-dividend date was Monday, February 24th.

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.