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

Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 681 shares, a decline of 77.9% from the April 30th total of 3,077 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,796 shares, the short-interest ratio is presently 0.1 days.

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 purchased a new stake in Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,194 shares of the company’s stock, valued at approximately $219,000. MML Investors Services LLC owned approximately 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 on Friday, reaching $35.49. The stock had a trading volume of 771 shares, compared to its average volume of 2,363. The company has a market capitalization of $3.19 million, a P/E ratio of 33.07 and a beta of 1.02. 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 fifty day moving average price of $31.36 and a 200-day moving average price of $32.12.

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.