Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Short Interest Down 21.4% in December

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 10,452,468 shares, a drop of 21.4% from the December 15th total of 13,295,153 shares. Based on an average daily volume of 4,545,449 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.3% of the shares of the stock are short sold. Approximately 2.3% of the shares of the stock are short sold. Based on an average daily volume of 4,545,449 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Retirement Financial Solutions LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 3.1% in the third quarter. Retirement Financial Solutions LLC now owns 20,215 shares of the company’s stock valued at $344,000 after buying an additional 605 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 3.0% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 21,142 shares of the company’s stock valued at $353,000 after acquiring an additional 608 shares in the last quarter. First Heartland Consultants Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 3.0% in the 4th quarter. First Heartland Consultants Inc. now owns 21,416 shares of the company’s stock valued at $378,000 after acquiring an additional 629 shares during the last quarter. Armstrong Advisory Group Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 20.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 4,063 shares of the company’s stock worth $68,000 after purchasing an additional 681 shares in the last quarter. Finally, MGO One Seven LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.5% during the 2nd quarter. MGO One Seven LLC now owns 30,677 shares of the company’s stock worth $513,000 after purchasing an additional 762 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock traded down $0.31 during midday trading on Tuesday, reaching $17.58. The company had a trading volume of 4,914,524 shares, compared to its average volume of 6,206,169. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89. The company has a market capitalization of $8.19 billion, a P/E ratio of 32.28 and a beta of 0.65. The firm’s fifty day simple moving average is $17.61 and its 200-day simple moving average is $17.18.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be given a $0.1786 dividend. This represents a c) annualized dividend and a dividend yield of 12.2%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date is Tuesday, January 20th.

Global X Nasdaq 100 Covered Call ETF Company Profile

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.