Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Up 16.1% in November

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 10,100 shares, an increase of 16.1% from the November 15th total of 8,700 shares. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is presently 1.2 days.

Global X NASDAQ 100 Risk Managed Income ETF Price Performance

QRMI stock opened at $17.16 on Friday. The firm has a market cap of $17.67 million, a price-to-earnings ratio of 26.54 and a beta of 0.39. 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 firm has a fifty day moving average price of $17.08 and a two-hundred day moving average price of $16.94.

Global X NASDAQ 100 Risk Managed Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 18th were paid a dividend of $0.1687 per share. The ex-dividend date of this dividend was Monday, November 18th.

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 lifted its position in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 45.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 31,866 shares of the company’s stock after acquiring 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.

Global X NASDAQ 100 Risk Managed Income ETF Company Profile

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.