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

Posted by Michelle Swanson on Dec 2nd, 2024

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Get Free Report) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 8,700 shares, a drop of 24.3% from the October 31st total of 11,500 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 1.0 days.

Global X NASDAQ 100 Risk Managed Income ETF Stock Up 0.3 %

Shares of QRMI traded up $0.05 during trading hours on Friday, reaching $17.06. 792 shares of the company traded hands, compared to its average volume of 8,864. 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’s fifty day moving average price is $17.04 and its two-hundred day moving average price is $16.92. The company has a market capitalization of $17.57 million, a price-to-earnings ratio of 26.54 and a beta of 0.39.

Global X NASDAQ 100 Risk Managed Income ETF Announces Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X NASDAQ 100 Risk Managed Income ETF stock. Arete Wealth Advisors LLC increased its position in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Free Report) by 45.5% during the 3rd 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 purchasing an additional 9,972 shares during the period. Arete Wealth Advisors LLC owned 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.