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 large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 3,210,000 shares, a decrease of 39.4% from the March 15th total of 5,300,000 shares. Based on an average trading volume of 8,835,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Kestra Investment Management LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth about $25,000. Parkside Financial Bank & Trust purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $25,000. Optiver Holding B.V. bought a new stake in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $25,000. Transce3nd LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth about $31,000. Finally, Copley Financial Group Inc. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth approximately $35,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock traded down $0.01 during mid-day trading on Thursday, reaching $15.99. The company’s stock had a trading volume of 1,867,689 shares, compared to its average volume of 8,683,222. The firm’s fifty day moving average price is $17.17 and its two-hundred day moving average price is $17.92. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89. The company has a market capitalization of $8.02 billion, a P/E ratio of 30.23 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were given a $0.1703 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17.

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.