Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) Short Interest Update

Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 681 shares, a drop of 77.9% from the April 30th total of 3,077 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily volume of 5,796 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Global X NASDAQ 100 Tail Risk ETF

A hedge fund recently bought a new stake in Global X NASDAQ 100 Tail Risk ETF stock. MML Investors Services LLC bought a new stake in Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (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 Stock Up 0.4%

NASDAQ QTR traded up $0.14 during midday trading on Friday, hitting $35.49. The company had a trading volume of 771 shares, compared to its average volume of 2,363. The stock has a market cap of $3.19 million, a price-to-earnings ratio of 33.07 and a beta of 1.02. The firm has a fifty day simple moving average of $31.36 and a two-hundred day simple moving average of $32.12. Global X NASDAQ 100 Tail Risk ETF has a fifty-two week low of $27.65 and a fifty-two week high of $37.40.

About Global X NASDAQ 100 Tail Risk ETF

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.