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 increase in short interest in the month of September. As of September 15th, there was short interest totalling 24,100 shares, an increase of 48.8% from the August 31st total of 16,200 shares. Based on an average daily trading volume, of 10,400 shares, the days-to-cover ratio is presently 2.3 days.

Global X NASDAQ 100 Risk Managed Income ETF Stock Performance

Shares of Global X NASDAQ 100 Risk Managed Income ETF stock traded up $0.03 on Friday, reaching $16.99. 1,936 shares of the stock were exchanged, compared to its average volume of 8,876. The firm’s 50 day moving average is $16.76 and its 200-day moving average is $16.96. The firm has a market cap of $15.63 million, a PE ratio of 26.54 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a one year low of $16.21 and a one year high of $17.85.

Global X NASDAQ 100 Risk Managed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be issued a $0.171 dividend. This represents a $2.05 dividend on an annualized basis and a dividend yield of 12.08%. The ex-dividend date of this dividend is Monday, September 23rd. This is an increase from Global X NASDAQ 100 Risk Managed Income ETF’s previous monthly dividend of $0.17.

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.