Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) Sees Large Decline in Short Interest

Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 276 shares, a decrease of 35.7% from the September 30th total of 429 shares. Based on an average daily trading volume, of 2,279 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Global X NASDAQ 100 Collar 95-110 ETF

A hedge fund recently bought a new position in Global X NASDAQ 100 Collar 95-110 ETF stock. Spartan Wealth Advisory Services LLC bought a new position in Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,313 shares of the company’s stock, valued at approximately $380,000. Spartan Wealth Advisory Services LLC owned approximately 10.22% of Global X NASDAQ 100 Collar 95-110 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Global X NASDAQ 100 Collar 95-110 ETF Stock Performance

Shares of QCLR opened at $28.36 on Monday. Global X NASDAQ 100 Collar 95-110 ETF has a 52 week low of $26.10 and a 52 week high of $33.32. The stock has a market capitalization of $3.97 million, a price-to-earnings ratio of 33.05 and a beta of 0.83. The stock has a fifty day moving average of $28.05 and a 200-day moving average of $28.10.

About Global X NASDAQ 100 Collar 95-110 ETF

The Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is an exchange-traded fund that is based on the Nasdaq-100 Quarterly Collar 95-110 index. The fund tracks an index that invests in the Nasdaq 100 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money. QCLR was launched on Aug 25, 2021 and is managed by Global X.