Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Update

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 4,600 shares, a decrease of 47.1% from the December 15th total of 8,700 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is presently 0.5 days.

Global X NASDAQ 100 Risk Managed Income ETF Stock Up 0.3 %

Global X NASDAQ 100 Risk Managed Income ETF stock traded up $0.05 during trading hours on Tuesday, reaching $17.31. 18,544 shares of the company’s stock were exchanged, compared to its average volume of 18,518. The firm’s 50 day simple moving average is $17.25 and its 200 day simple moving average is $17.01. Global X NASDAQ 100 Risk Managed Income ETF has a twelve month low of $16.21 and a twelve month high of $17.85. The firm has a market capitalization of $17.66 million, a PE ratio of 26.54 and a beta of 0.39.

Global X NASDAQ 100 Risk Managed Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.1772 per share. This is an increase from Global X NASDAQ 100 Risk Managed Income ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

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

About Global X NASDAQ 100 Risk Managed Income ETF

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.