Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Down 24.3% in November

Posted by Xavier Holt on Dec 1st, 2024

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Get Free Report) saw a large 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 daily volume of 8,900 shares, the days-to-cover ratio is presently 1.0 days.

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

Shares of NASDAQ QRMI traded up $0.05 during midday trading on Friday, hitting $17.06. The stock had a trading volume of 792 shares, compared to its average volume of 8,864. Global X NASDAQ 100 Risk Managed Income ETF has a 1-year low of $16.21 and a 1-year high of $17.85. The company has a market capitalization of $17.57 million, a price-to-earnings ratio of 26.54 and a beta of 0.39. The company has a fifty day moving average price of $17.04 and a 200 day moving average price of $16.92.

Global X NASDAQ 100 Risk Managed Income ETF Announces Dividend

The firm also recently declared 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 was Monday, November 18th.

Institutional Investors Weigh In On 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 shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Free Report) by 45.5% in the third quarter, according to the company in its most recent filing with the Securities and 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 as of its most recent filing with the Securities and Exchange Commission.

Global X NASDAQ 100 Risk Managed Income ETF Company Profile

(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.