Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Up 16.1% in November

Posted by Tyrone Williams on Dec 16th, 2024

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Get Free Report) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 10,100 shares, a growth of 16.1% from the November 15th total of 8,700 shares. Based on an average daily trading volume, of 8,400 shares, the days-to-cover ratio is presently 1.2 days.

Global X NASDAQ 100 Risk Managed Income ETF Price Performance

QRMI stock traded down $0.01 during trading hours on Monday, reaching $17.15. 9,967 shares of the stock were exchanged, compared to its average volume of 8,729. The firm’s 50-day moving average is $17.08 and its 200-day moving average is $16.94. Global X NASDAQ 100 Risk Managed Income ETF has a 12 month low of $16.21 and a 12 month high of $17.85. The company has a market cap of $17.66 million, a price-to-earnings ratio of 26.54 and a beta of 0.39.

Global X NASDAQ 100 Risk Managed Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 18th were issued a dividend of $0.1687 per share. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Investors Weigh In On Global X NASDAQ 100 Risk Managed Income ETF

A hedge fund recently raised its stake in Global X NASDAQ 100 Risk Managed Income ETF stock. Arete Wealth Advisors LLC raised its holdings in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Free Report) by 45.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,866 shares of the company’s stock after acquiring an additional 9,972 shares during the quarter. 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 reporting period.

About Global X NASDAQ 100 Risk Managed Income ETF

(Get Free Report)

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.