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

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

Global X NASDAQ 100 Risk Managed Income ETF Price Performance

Shares of Global X NASDAQ 100 Risk Managed Income ETF stock traded down $0.16 on Monday, hitting $16.90. The company had a trading volume of 13,212 shares, compared to its average volume of 10,490. Global X NASDAQ 100 Risk Managed Income ETF has a 52 week low of $16.21 and a 52 week high of $17.85. The company has a market cap of $17.92 million, a PE ratio of 34.54 and a beta of 0.39. The business has a 50-day simple moving average of $17.51 and a 200-day simple moving average of $17.18.

Global X NASDAQ 100 Risk Managed Income ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 24th will be given a dividend of $0.1742 per share. The ex-dividend date of this dividend is Monday, February 24th.

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 increased its position in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 45.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,866 shares of the company’s stock after acquiring an additional 9,972 shares during the period. Arete Wealth Advisors LLC owned approximately 3.09% of Global X NASDAQ 100 Risk Managed Income ETF worth $540,000 at the end of the most recent quarter.

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.