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 recipient 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. Based on an average trading volume of 7,531 shares, the short-interest ratio is currently 0.4 days. Currently, 3.4% of the company’s shares are sold short.

Global X NASDAQ 100 Tail Risk ETF Stock Up 0.8%

Shares of QTR traded up $0.26 on Thursday, hitting $34.61. The company’s stock had a trading volume of 2,561 shares, compared to its average volume of 2,543. The firm’s fifty day moving average price is $30.40 and its 200-day moving average price is $32.28. Global X NASDAQ 100 Tail Risk ETF has a fifty-two week low of $27.65 and a fifty-two week high of $37.40. The firm has a market capitalization of $3.11 million, a price-to-earnings ratio of 33.07 and a beta of 1.02.

Hedge Funds Weigh In On 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 acquired a new stake in Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 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 filing with the SEC.

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.