Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) Sees Significant Growth in Short Interest

Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,292 shares, an increase of 321.5% from the June 30th total of 781 shares. Based on an average trading volume of 755 shares, the short-interest ratio is presently 4.4 days. Currently, 1.5% of the shares of the company are sold short.

Hedge Funds Weigh In On 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 position in Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,194 shares of the company’s stock, valued at approximately $219,000. MML Investors Services LLC owned about 7.19% of Global X NASDAQ 100 Tail Risk ETF as of its most recent SEC filing.

Global X NASDAQ 100 Tail Risk ETF Price Performance

Shares of Global X NASDAQ 100 Tail Risk ETF stock opened at $33.04 on Tuesday. The firm has a fifty day moving average price of $34.57 and a 200 day moving average price of $31.90. Global X NASDAQ 100 Tail Risk ETF has a 1 year low of $27.65 and a 1 year high of $37.40. The stock has a market cap of $7.60 million, a PE ratio of 33.07 and a beta of 1.03.

Global X NASDAQ 100 Tail Risk ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were given a dividend of $0.0406 per share. The ex-dividend date of this dividend was Monday, June 29th.

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.