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 large decline in short interest during the month of June. As of June 30th, there was short interest totalling 1,600 shares, a decline of 61.9% from the June 15th total of 4,200 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is currently 0.2 days.

Global X NASDAQ 100 Risk Managed Income ETF Trading Up 0.1 %

Shares of QRMI traded up $0.02 during mid-day trading on Friday, reaching $17.09. The company’s stock had a trading volume of 6,463 shares, compared to its average volume of 8,525. The stock has a market cap of $15.21 million, a PE ratio of 26.54 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a 52 week low of $16.49 and a 52 week high of $18.38. The company’s fifty day moving average price is $16.96 and its two-hundred day moving average price is $17.16.

Global X NASDAQ 100 Risk Managed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 1st. Stockholders of record on Monday, June 24th were issued a $0.1701 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 11.95%. This is a positive change from Global X NASDAQ 100 Risk Managed Income ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, June 24th.

Institutional Investors 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. Triumph Capital Management boosted its position in shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 8.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,077 shares of the company’s stock after buying an additional 1,065 shares during the quarter. Triumph Capital Management owned approximately 1.95% of Global X NASDAQ 100 Risk Managed Income ETF worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

About Global X NASDAQ 100 Risk Managed Income ETF

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.