Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Short Interest Up 100.9% in November

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 4,640,000 shares, an increase of 100.9% from the October 31st total of 2,310,000 shares. Based on an average trading volume of 3,872,100 shares, the short-interest ratio is currently 1.2 days.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ:QYLD remained flat at $18.17 during trading on Thursday. The stock had a trading volume of 3,116,437 shares, compared to its average volume of 4,341,211. The firm has a 50 day simple moving average of $18.16 and a 200-day simple moving average of $17.82. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.56. The firm has a market cap of $8.19 billion, a P/E ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, November 25th. Stockholders of record on Monday, November 18th were issued a $0.1804 dividend. The ex-dividend date was Monday, November 18th.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Crewe Advisors LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 601.6% in the 3rd quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock worth $31,000 after purchasing an additional 1,468 shares during the period. Mather Group LLC. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at approximately $39,000. American National Bank bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter worth $41,000. DHJJ Financial Advisors Ltd. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock worth $44,000 after purchasing an additional 2,406 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group grew its position in Global X Nasdaq 100 Covered Call ETF by 46.5% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 2,930 shares of the company’s stock valued at $52,000 after purchasing an additional 930 shares in the last quarter.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.