Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Short Interest Update

Global X SuperDividend U.S. ETF (NYSEARCA:DIV) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 243,380 shares, an increase of 50.4% from the November 30th total of 161,782 shares. Based on an average daily volume of 286,450 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the shares of the company are sold short. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 286,450 shares, the short-interest ratio is presently 0.8 days.

Global X SuperDividend U.S. ETF Price Performance

Shares of NYSEARCA DIV traded up $0.08 during trading on Monday, reaching $17.49. 116,726 shares of the stock traded hands, compared to its average volume of 196,411. The stock has a market capitalization of $638.03 million, a P/E ratio of 11.57 and a beta of 0.67. Global X SuperDividend U.S. ETF has a 52-week low of $16.19 and a 52-week high of $19.17. The company has a 50-day moving average of $17.43 and a 200-day moving average of $17.57.

Hedge Funds Weigh In On Global X SuperDividend U.S. ETF

Large investors have recently modified their holdings of the business. Trust Co. of Vermont bought a new stake in shares of Global X SuperDividend U.S. ETF in the third quarter valued at approximately $27,000. Ameritas Advisory Services LLC purchased a new position in Global X SuperDividend U.S. ETF in the 2nd quarter valued at approximately $36,000. Chelsea Counsel Co. raised its holdings in Global X SuperDividend U.S. ETF by 62.2% during the 1st quarter. Chelsea Counsel Co. now owns 3,650 shares of the company’s stock valued at $69,000 after acquiring an additional 1,400 shares during the period. GPS Wealth Strategies Group LLC lifted its position in shares of Global X SuperDividend U.S. ETF by 366.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,639 shares of the company’s stock worth $82,000 after acquiring an additional 3,644 shares in the last quarter. Finally, HighTower Advisors LLC bought a new position in shares of Global X SuperDividend U.S. ETF in the first quarter worth $215,000.

About Global X SuperDividend U.S. ETF

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.