Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Down 32.5% in March

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 19,500 shares, a decline of 32.5% from the February 28th total of 28,900 shares. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.8% of the shares of the stock are sold short.

Institutional Trading of 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 increased its holdings in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 9.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,846 shares of the company’s stock after purchasing an additional 2,980 shares during the period. Arete Wealth Advisors LLC owned approximately 3.29% of Global X NASDAQ 100 Risk Managed Income ETF worth $607,000 at the end of the most recent quarter.

Global X NASDAQ 100 Risk Managed Income ETF Stock Up 0.1 %

QRMI opened at $16.64 on Tuesday. The company has a market capitalization of $19.97 million, a PE ratio of 31.98 and a beta of 0.37. The firm has a 50-day simple moving average of $17.20 and a two-hundred day simple moving average 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 31st. Shareholders of record on Monday, March 24th were issued a dividend of $0.1679 per share. The ex-dividend date was Monday, March 24th.

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.