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

Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) was the recipient 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. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 2,279 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds 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 purchased a new position in shares of Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 at the end of the most recent reporting period.

Global X NASDAQ 100 Collar 95-110 ETF Price Performance

Shares of QCLR opened at $28.36 on Monday. The firm has a market capitalization of $3.97 million, a PE ratio of 33.05 and a beta of 0.83. The stock’s fifty day simple moving average is $28.05 and its 200-day simple moving average is $28.10. Global X NASDAQ 100 Collar 95-110 ETF has a 12-month low of $26.10 and a 12-month high of $33.32.

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.