Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) Short Interest Up 230.5% in April

Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,077 shares, a growth of 230.5% from the April 15th total of 931 shares. Based on an average daily trading volume, of 7,531 shares, the days-to-cover ratio is presently 0.4 days. Currently, 3.4% of the shares of the stock are sold short.

Institutional Trading of Global X NASDAQ 100 Tail Risk ETF

An institutional investor recently bought a new position in Global X NASDAQ 100 Tail Risk ETF stock. MML Investors Services LLC acquired a new position in shares of Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 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 at the end of the most recent quarter.

Global X NASDAQ 100 Tail Risk ETF Trading Up 0.8%

Shares of Global X NASDAQ 100 Tail Risk ETF stock traded up $0.26 during trading on Thursday, reaching $34.61. The company’s stock had a trading volume of 2,561 shares, compared to its average volume of 2,543. The stock has a market capitalization of $3.11 million, a P/E ratio of 33.07 and a beta of 1.02. Global X NASDAQ 100 Tail Risk ETF has a one year low of $27.65 and a one year high of $37.40. The stock has a 50-day moving average price of $30.40 and a two-hundred day moving average price of $32.28.

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.