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

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 5,600 shares, a decline of 71.3% from the March 15th total of 19,500 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On Global X NASDAQ 100 Risk Managed Income ETF

A hedge fund recently bought a new stake in Global X NASDAQ 100 Risk Managed Income ETF stock. SBI Securities Co. Ltd. bought a new position in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,894 shares of the company’s stock, valued at approximately $85,000. SBI Securities Co. Ltd. owned approximately 0.46% of Global X NASDAQ 100 Risk Managed Income ETF as of its most recent SEC filing.

Global X NASDAQ 100 Risk Managed Income ETF Trading Down 0.7 %

NASDAQ:QRMI traded down $0.12 during mid-day trading on Thursday, reaching $16.01. 4,135 shares of the stock were exchanged, compared to its average volume of 9,901. Global X NASDAQ 100 Risk Managed Income ETF has a 1-year low of $15.92 and a 1-year high of $17.77. The firm has a market capitalization of $19.53 million, a PE ratio of 29.71 and a beta of 0.39. The business has a fifty day moving average price of $16.88 and a 200 day moving average price of $17.12.

Global X NASDAQ 100 Risk Managed Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were paid a dividend of $0.1679 per share. The ex-dividend date was Monday, March 24th.

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.