Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 12,800 shares, a decline of 63.5% from the January 15th total of 35,100 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 1.3 days.
Hedge Funds Weigh In On Global X NASDAQ 100 Risk Managed Income ETF
A hedge fund recently bought a new stake in Global X NASDAQ 100 Risk Managed Income ETF stock. SBI Securities Co. Ltd. purchased a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,894 shares of the company’s stock, valued at approximately $85,000. SBI Securities Co. Ltd. owned 0.46% of Global X NASDAQ 100 Risk Managed Income ETF as of its most recent SEC filing.
Global X NASDAQ 100 Risk Managed Income ETF Trading Down 0.1 %
NASDAQ:QRMI traded down $0.02 during mid-day trading on Wednesday, hitting $17.62. The company’s stock had a trading volume of 775 shares, compared to its average volume of 10,690. The company has a market capitalization of $18.67 million, a price-to-earnings ratio of 26.54 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a fifty-two week low of $16.21 and a fifty-two week high of $17.85. The stock has a fifty day moving average of $17.44 and a 200-day moving average of $17.10.
Global X NASDAQ 100 Risk Managed Income ETF Increases Dividend
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.
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