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

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 28,900 shares, an increase of 56.2% from the February 13th total of 18,500 shares. Currently, 2.7% of the company’s shares are short sold. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 2.9 days.

Global X NASDAQ 100 Risk Managed Income ETF Price Performance

Global X NASDAQ 100 Risk Managed Income ETF stock traded down $0.01 during trading hours on Friday, reaching $16.75. The stock had a trading volume of 6,953 shares, compared to its average volume of 9,167. The stock has a market cap of $17.76 million, a PE ratio of 32.03 and a beta of 0.39. 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 fifty day simple moving average of $17.36 and a 200-day simple moving average of $17.18.

Global X NASDAQ 100 Risk Managed Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were given a dividend of $0.1742 per share. The ex-dividend date was Monday, February 24th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X NASDAQ 100 Risk Managed Income ETF stock. SBI Securities Co. Ltd. bought a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 at the end of the most recent quarter.

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.