Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Sees Large Decline in Short Interest

Posted by Financial News Live on Nov 29th, 2024

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

Hedge Funds 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 raised its position in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Free Report) by 45.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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.

Global X NASDAQ 100 Risk Managed Income ETF Stock Down 0.2 %

Shares of NASDAQ QRMI opened at $17.01 on Friday. The company has a market cap of $17.52 million, a P/E ratio of 26.54 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a 52 week low of $16.21 and a 52 week high of $17.85. The business has a 50-day simple moving average of $17.04 and a two-hundred day simple moving average of $16.92.

Global X NASDAQ 100 Risk Managed Income ETF Dividend Announcement

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

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.