Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) Short Interest Down 55.7% in February

Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 351 shares, a decline of 55.7% from the February 12th total of 792 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 384 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 384 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s shares are sold short.

Global X NASDAQ 100 Tail Risk ETF Trading Down 0.6%

QTR stock traded down $0.19 during mid-day trading on Friday, reaching $29.15. 7 shares of the stock traded hands, compared to its average volume of 1,086. Global X NASDAQ 100 Tail Risk ETF has a 52-week low of $26.74 and a 52-week high of $37.40. The stock’s fifty day moving average is $30.24 and its 200-day moving average is $33.66. The company has a market cap of $2.92 million, a P/E ratio of 33.07 and a beta of 0.98.

Global X NASDAQ 100 Tail Risk ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a $5.6311 dividend. This represents a dividend yield of 3,668.0%. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On Global X NASDAQ 100 Tail Risk ETF

An institutional investor recently bought a new position in Global X NASDAQ 100 Tail Risk ETF stock. MML Investors Services LLC bought a new stake in shares of Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,194 shares of the company’s stock, valued at approximately $219,000. MML Investors Services LLC owned 7.19% of Global X NASDAQ 100 Tail Risk ETF as of its most recent SEC filing.

Global X NASDAQ 100 Tail Risk ETF Company Profile

The Global X NASDAQ 100 Tail Risk ETF (QTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of NASDAQ 100 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. QTR was launched on Aug 25, 2021 and is managed by Global X.