Short Interest in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Increases By 32.0%

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 2,310,000 shares, an increase of 32.0% from the December 15th total of 1,750,000 shares. Based on an average trading volume of 3,663,600 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Global X Nasdaq 100 Covered Call ETF

Several large investors have recently added to or reduced their stakes in QYLD. Global X Japan Co. Ltd. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 44.2% in the third quarter. Global X Japan Co. Ltd. now owns 4,409,202 shares of the company’s stock valued at $79,542,000 after acquiring an additional 1,350,843 shares in the last quarter. LPL Financial LLC raised its stake in Global X Nasdaq 100 Covered Call ETF by 6.4% during the 3rd quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock valued at $194,361,000 after purchasing an additional 646,364 shares during the period. International Assets Investment Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $7,814,000. Raymond James & Associates boosted its stake in Global X Nasdaq 100 Covered Call ETF by 28.9% in the 3rd quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock worth $29,707,000 after purchasing an additional 369,343 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 75.8% during the 3rd quarter. Sound Income Strategies LLC now owns 855,083 shares of the company’s stock valued at $15,426,000 after buying an additional 368,553 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.5 %

NASDAQ:QYLD traded up $0.10 during trading hours on Friday, reaching $18.58. 6,039,452 shares of the company traded hands, compared to its average volume of 8,432,400. The stock has a market capitalization of $8.66 billion, a P/E ratio of 28.58 and a beta of 0.71. The business’s 50-day moving average price is $18.34 and its two-hundred day moving average price is $18.00. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.81.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a $0.3386 dividend. The ex-dividend date was Monday, December 30th. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.