Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) Short Interest Down 42.4% in April

Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 2,211 shares, a drop of 42.4% from the March 31st total of 3,837 shares. Based on an average daily trading volume, of 2,768 shares, the short-interest ratio is presently 0.8 days. Approximately 1.6% of the company’s stock are sold short.

Global X NASDAQ 100 Collar 95-110 ETF Price Performance

Shares of QCLR traded up $0.16 during midday trading on Monday, reaching $28.23. The stock had a trading volume of 100 shares, compared to its average volume of 2,944. Global X NASDAQ 100 Collar 95-110 ETF has a 1-year low of $26.10 and a 1-year high of $33.32. The company’s fifty day simple moving average is $27.51 and its two-hundred day simple moving average is $29.85. The company has a market cap of $3.95 million, a price-to-earnings ratio of 33.05 and a beta of 0.64.

Global X NASDAQ 100 Collar 95-110 ETF Company Profile

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.