Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Short Interest Update

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,490,000 shares, a decline of 66.7% from the February 13th total of 4,480,000 shares. Based on an average daily volume of 6,429,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $16.88 on Thursday. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.89. The firm’s fifty day moving average price is $18.26 and its 200-day moving average price is $18.18. The stock has a market cap of $7.98 billion, a P/E ratio of 33.29 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were paid a $0.165 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $72,550,000. LPL Financial LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 13.7% during the fourth quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock valued at $223,173,000 after buying an additional 1,474,869 shares during the period. Global X Japan Co. Ltd. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.8% during the fourth quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock valued at $98,648,000 after buying an additional 1,005,072 shares during the last quarter. Sims Investment Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at about $13,764,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at about $10,444,000.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.