Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Short Interest Update

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,310,000 shares, a growth of 32.0% from the December 15th total of 1,750,000 shares. Based on an average daily volume of 3,663,600 shares, the days-to-cover ratio is presently 0.6 days.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.5 %

Global X Nasdaq 100 Covered Call ETF stock traded up $0.10 during midday trading on Friday, reaching $18.58. 6,039,452 shares of the stock traded hands, compared to its average volume of 8,432,400. The stock has a market cap of $8.66 billion, a P/E ratio of 28.58 and a beta of 0.71. The stock’s fifty day moving average is $18.34 and its 200-day moving average is $18.00. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.81.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.3386 per share. The ex-dividend date was Monday, December 30th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18.

Hedge Funds Weigh In On Global X Nasdaq 100 Covered Call ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Daiwa Securities Group Inc. lifted its position in Global X Nasdaq 100 Covered Call ETF by 137.1% in the second quarter. Daiwa Securities Group Inc. now owns 17,780 shares of the company’s stock worth $314,000 after buying an additional 10,280 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Global X Nasdaq 100 Covered Call ETF by 15.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 842,566 shares of the company’s stock worth $14,888,000 after buying an additional 113,795 shares during the period. Renaissance Technologies LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 32.3% in the 2nd quarter. Renaissance Technologies LLC now owns 414,700 shares of the company’s stock valued at $7,328,000 after buying an additional 101,188 shares during the period. Blair William & Co. IL grew its stake in Global X Nasdaq 100 Covered Call ETF by 364.6% in the 2nd quarter. Blair William & Co. IL now owns 67,808 shares of the company’s stock worth $1,198,000 after acquiring an additional 53,214 shares in the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 42.2% during the second quarter. AE Wealth Management LLC now owns 78,285 shares of the company’s stock valued at $1,383,000 after acquiring an additional 23,251 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Company Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.