Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) Short Interest Down 77.9% in May

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

Global X NASDAQ 100 Tail Risk ETF Stock Up 0.4%

Shares of QTR traded up $0.14 during trading on Friday, reaching $35.49. The company’s stock had a trading volume of 771 shares, compared to its average volume of 2,363. The company has a fifty day moving average of $31.49 and a two-hundred day moving average of $32.14. Global X NASDAQ 100 Tail Risk ETF has a twelve month low of $27.65 and a twelve month high of $37.40. The company has a market cap of $3.19 million, a price-to-earnings ratio of 33.07 and a beta of 1.02.

Hedge Funds Weigh In On 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 purchased a new stake in shares of Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

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.