Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Short Interest Up 32.0% in December

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

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

A number of institutional investors have recently made changes to their positions in QYLD. Rockport Wealth LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% in the second quarter. Rockport Wealth LLC now owns 65,481 shares of the company’s stock valued at $1,157,000 after acquiring an additional 561 shares during the period. First Heartland Consultants Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 3.7% in the 3rd quarter. First Heartland Consultants Inc. now owns 15,777 shares of the company’s stock valued at $285,000 after purchasing an additional 567 shares during the period. Sunbelt Securities Inc. grew its position in Global X Nasdaq 100 Covered Call ETF by 4.6% in the 2nd quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock worth $283,000 after purchasing an additional 703 shares during the last quarter. Avior Wealth Management LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 4.1% in the 4th quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock worth $337,000 after purchasing an additional 723 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1.4% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 54,617 shares of the company’s stock worth $985,000 after purchasing an additional 731 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.5 %

Shares of NASDAQ:QYLD traded up $0.10 on Friday, reaching $18.58. The company had a trading volume of 6,039,452 shares, compared to its average volume of 8,432,400. The stock has a market capitalization of $8.66 billion, a P/E ratio of 28.58 and a beta of 0.71. The stock has a 50-day moving average price of $18.34 and a 200 day moving average price of $18.00. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $15.91 and a twelve month high of $18.81.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.3386 dividend. 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.

About Global X Nasdaq 100 Covered Call ETF

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.