Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Short Interest Down 13.9% in December

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 8,700 shares, a decrease of 13.9% from the November 30th total of 10,100 shares. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is currently 1.0 days.

Global X NASDAQ 100 Risk Managed Income ETF Stock Performance

QRMI opened at $17.42 on Wednesday. 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 cap of $17.94 million, a price-to-earnings ratio of 26.54 and a beta of 0.39. The company’s fifty day moving average price is $17.17 and its two-hundred day moving average price is $16.98.

Global X NASDAQ 100 Risk Managed Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, January 7th. Investors of record on Monday, December 30th will be given a $0.1772 dividend. This is a boost from Global X NASDAQ 100 Risk Managed Income ETF’s previous dividend of $0.17. The ex-dividend date is Monday, December 30th.

Hedge Funds Weigh In On 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 boosted its position in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 45.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 31,866 shares of the company’s stock after purchasing an additional 9,972 shares during the period. Arete Wealth Advisors LLC owned about 3.09% of Global X NASDAQ 100 Risk Managed Income ETF worth $540,000 as of its most recent SEC filing.

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.