Short Interest in Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) Expands By 365.7%
by Kim Johansen · The Markets DailyGlobal X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,837 shares, an increase of 365.7% from the March 15th total of 824 shares. Based on an average daily volume of 3,226 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.7% of the shares of the company are sold short.
Global X NASDAQ 100 Collar 95-110 ETF Stock Performance
QCLR opened at $27.35 on Friday. The business has a 50 day moving average price of $27.58 and a 200 day moving average price of $30.18. Global X NASDAQ 100 Collar 95-110 ETF has a twelve month low of $26.10 and a twelve month high of $33.32. The firm has a market cap of $3.83 million, a P/E 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.