Short Interest in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Decreases By 21.4%

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 10,452,468 shares, a decrease of 21.4% from the December 15th total of 13,295,153 shares. Based on an average trading volume of 4,545,449 shares, the short-interest ratio is currently 2.3 days. Currently, 2.3% of the company’s shares are short sold. Currently, 2.3% of the company’s shares are short sold. Based on an average trading volume of 4,545,449 shares, the short-interest ratio is currently 2.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Bartlett & CO. Wealth Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter valued at $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the third quarter worth about $30,000. Rossby Financial LCC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth approximately $33,000. Physician Wealth Advisors Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the third quarter valued at $35,000. Finally, Bayforest Capital Ltd boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 192.1% during the third quarter. Bayforest Capital Ltd now owns 2,512 shares of the company’s stock worth $43,000 after buying an additional 1,652 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ QYLD traded down $0.01 during midday trading on Friday, hitting $17.88. The company’s stock had a trading volume of 7,778,447 shares, compared to its average volume of 6,362,956. The business’s fifty day simple moving average is $17.60 and its two-hundred day simple moving average is $17.16. The firm has a market capitalization of $8.33 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.1779 per share. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, December 22nd. This represents a c) annualized dividend and a yield of 11.9%.

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.