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

Posted by Irma Garcia on Dec 1st, 2024

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI – Get Free Report) saw a significant drop in short interest in 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 currently 1.0 days.

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

Shares of NASDAQ:QRMI traded up $0.05 during mid-day trading on Friday, hitting $17.06. 792 shares of the company traded hands, compared to its average volume of 8,864. The stock has a market cap of $17.57 million, a P/E ratio of 26.54 and a beta of 0.39. The stock has a 50-day moving average price of $17.04 and a two-hundred day moving average price of $16.92. Global X NASDAQ 100 Risk Managed Income ETF has a 12-month low of $16.21 and a 12-month high of $17.85.

Global X NASDAQ 100 Risk Managed Income ETF Announces Dividend

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

Institutional Trading of Global X NASDAQ 100 Risk Managed Income ETF

An institutional investor recently raised its position 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 13F filing with the SEC. The fund owned 31,866 shares of the company’s stock after buying 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 SEC.

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.