Short Interest in Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) Grows By 78.3%

Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,225 shares, a growth of 78.3% from the May 14th total of 687 shares. Based on an average trading volume of 1,012 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.9% of the company’s stock are short sold.

Global X NASDAQ 100 Collar 95-110 ETF Stock Up 0.2%

Shares of NASDAQ:QCLR traded up $0.07 on Monday, hitting $28.89. 16,819 shares of the company traded hands, compared to its average volume of 2,875. Global X NASDAQ 100 Collar 95-110 ETF has a 52 week low of $26.10 and a 52 week high of $33.32. The stock has a 50 day simple moving average of $28.26 and a 200-day simple moving average of $28.93. The company has a market cap of $4.04 million, a PE ratio of 33.05 and a beta of 0.64.

Hedge Funds Weigh In On Global X NASDAQ 100 Collar 95-110 ETF

A hedge fund recently bought a new stake in Global X NASDAQ 100 Collar 95-110 ETF stock. Spartan Wealth Advisory Services LLC purchased a new stake in shares of Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,313 shares of the company’s stock, valued at approximately $380,000. Spartan Wealth Advisory Services LLC owned approximately 10.22% of Global X NASDAQ 100 Collar 95-110 ETF at the end of the most recent reporting period.

About Global X NASDAQ 100 Collar 95-110 ETF

The Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is an exchange-traded fund that is based on the Nasdaq-100 Quarterly Collar 95-110 index. The fund tracks an index that invests in the Nasdaq 100 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money. QCLR was launched on Aug 25, 2021 and is managed by Global X.