Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) Stock Short Interest Drops 35.7%

Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 276 shares, a drop of 35.7% from the September 30th total of 429 shares. Based on an average daily volume of 2,279 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of 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) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,313 shares of the company’s stock, valued at approximately $380,000. Spartan Wealth Advisory Services LLC owned about 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 Stock Performance

Shares of QCLR stock opened at $28.36 on Wednesday. The firm has a fifty day moving average price of $28.07 and a 200 day moving average price of $28.10. The company has a market cap of $3.97 million, a P/E ratio of 33.05 and a beta of 0.83. 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.