Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Short Interest Update

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,300,000 shares, a growth of 255.7% from the February 28th total of 1,490,000 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 7,205,700 shares, the short-interest ratio is currently 0.7 days.

Global X Nasdaq 100 Covered Call ETF Stock Down 1.3 %

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $16.62 on Friday. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.89. The business’s fifty day moving average is $17.90 and its two-hundred day moving average is $18.12. The firm has a market cap of $7.85 billion, a PE ratio of 30.84 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 24th will be given a dividend of $0.1703 per share. The ex-dividend date is Monday, March 24th. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17.

Institutional Trading of Global X Nasdaq 100 Covered Call ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 13.7% in the fourth quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock worth $223,173,000 after acquiring an additional 1,474,869 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 6.7% in the 4th quarter. Bank of America Corp DE now owns 5,450,276 shares of the company’s stock valued at $99,304,000 after purchasing an additional 344,125 shares during the last quarter. Global X Japan Co. Ltd. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock valued at $98,648,000 after buying an additional 1,005,072 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth $72,550,000. Finally, Ameriprise Financial Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 5.8% in the fourth quarter. Ameriprise Financial Inc. now owns 2,167,272 shares of the company’s stock valued at $39,489,000 after acquiring an additional 118,309 shares during the last quarter.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.