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

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 5,600 shares, a decline of 71.3% from the March 15th total of 19,500 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 11,500 shares, the days-to-cover ratio is presently 0.5 days.

Global X NASDAQ 100 Risk Managed Income ETF Trading Down 0.7 %

NASDAQ QRMI traded down $0.12 during trading hours on Thursday, reaching $16.01. 4,135 shares of the company traded hands, compared to its average volume of 9,901. The stock has a market capitalization of $19.53 million, a PE ratio of 29.71 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a 12 month low of $15.92 and a 12 month high of $17.77. The company has a 50 day moving average of $16.88 and a two-hundred day moving average of $17.12.

Global X NASDAQ 100 Risk Managed Income ETF Cuts Dividend

The firm also recently announced 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 of this dividend was Monday, March 24th.

Hedge Funds Weigh In On Global X NASDAQ 100 Risk Managed Income ETF

An institutional investor recently bought a new position 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) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,894 shares of the company’s stock, valued at approximately $85,000. SBI Securities Co. Ltd. owned approximately 0.46% of Global X NASDAQ 100 Risk Managed Income ETF at the end of the most recent reporting period.

About Global X NASDAQ 100 Risk Managed Income ETF

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.