Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Sees Significant Drop in Short Interest

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 131 shares, a decline of 70.4% from the April 15th total of 443 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,505 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in QDIV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Global X S&P 500 Quality Dividend ETF by 22.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,605 shares of the company’s stock worth $1,206,000 after buying an additional 6,420 shares in the last quarter. Jane Street Group LLC bought a new position in Global X S&P 500 Quality Dividend ETF in the 2nd quarter worth about $1,257,000. Bank of America Corp DE bought a new position in Global X S&P 500 Quality Dividend ETF in the 2nd quarter worth about $53,000. Susquehanna International Group LLP raised its holdings in shares of Global X S&P 500 Quality Dividend ETF by 102.3% in the 3rd quarter. Susquehanna International Group LLP now owns 15,810 shares of the company’s stock valued at $556,000 after acquiring an additional 7,994 shares in the last quarter. Finally, Harbour Investments Inc. raised its holdings in shares of Global X S&P 500 Quality Dividend ETF by 8.0% in the 4th quarter. Harbour Investments Inc. now owns 68,528 shares of the company’s stock valued at $2,390,000 after acquiring an additional 5,095 shares in the last quarter.

Global X S&P 500 Quality Dividend ETF Trading Up 0.3%

Global X S&P 500 Quality Dividend ETF stock opened at $36.59 on Wednesday. Global X S&P 500 Quality Dividend ETF has a 1-year low of $32.94 and a 1-year high of $39.09. The firm has a market capitalization of $32.20 million, a PE ratio of 15.17 and a beta of 0.68. The firm’s 50 day simple moving average is $36.72 and its 200 day simple moving average is $36.11.

About Global X S&P 500 Quality Dividend ETF

The Global X S&P 500 Quality Dividend ETF (QDIV) is an exchange-traded fund that is based on the S&P 500 Quality High Dividend index. The fund tracks an index of equal-weighted US large-cap stocks selected from the S&P 500 Index based on quality and dividend metrics. QDIV was launched on Jul 13, 2018 and is managed by Global X.