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 increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,077 shares, an increase of 230.5% from the April 15th total of 931 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average trading volume of 7,531 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of 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 bought a new stake in Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,194 shares of the company’s stock, valued at approximately $219,000. MML Investors Services LLC owned 7.19% of Global X NASDAQ 100 Tail Risk ETF as of its most recent SEC filing.

Global X NASDAQ 100 Tail Risk ETF Trading Down 1.5%

NASDAQ QTR traded down $0.52 on Friday, reaching $34.09. The company’s stock had a trading volume of 391 shares, compared to its average volume of 2,519. The firm has a market cap of $3.07 million, a PE ratio of 33.07 and a beta of 1.02. The business has a 50-day moving average price of $30.48 and a 200 day moving average price of $32.29. Global X NASDAQ 100 Tail Risk ETF has a 52 week low of $27.65 and a 52 week high of $37.40.

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.