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 significant increase in short interest in 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 daily volume of 9,400 shares, the days-to-cover ratio is presently 2.0 days.

Global X NASDAQ 100 Risk Managed Income ETF Price Performance

Shares of NASDAQ QRMI traded up $0.02 during midday trading on Tuesday, reaching $16.91. 12,156 shares of the company traded hands, compared to its average volume of 10,502. The company has a market cap of $17.92 million, a price-to-earnings ratio of 34.54 and a beta of 0.39. The stock has a 50-day moving average price of $17.49 and a 200 day moving average price of $17.18. Global X NASDAQ 100 Risk Managed Income ETF has a 52 week low of $16.21 and a 52 week high of $17.85.

Global X NASDAQ 100 Risk Managed Income ETF Cuts Dividend

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

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. acquired a new position in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 4,894 shares of the company’s stock, valued at approximately $85,000. SBI Securities Co. Ltd. owned about 0.46% of Global X NASDAQ 100 Risk Managed Income ETF at the end of the most recent reporting period.

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.