Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Update

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 904 shares, an increase of 545.7% from the June 15th total of 140 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 13,012 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Global X S&P 500 Quality Dividend ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE acquired a new stake in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter valued at approximately $53,000. Compound Planning Inc. raised its position in Global X S&P 500 Quality Dividend ETF by 4.6% in the fourth quarter. Compound Planning Inc. now owns 14,183 shares of the company’s stock worth $492,000 after acquiring an additional 630 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in Global X S&P 500 Quality Dividend ETF by 102.3% in the third 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in 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 valued at $1,206,000 after acquiring an additional 6,420 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Global X S&P 500 Quality Dividend ETF during the 2nd quarter worth $1,257,000.

Global X S&P 500 Quality Dividend ETF Stock Performance

Shares of QDIV stock remained flat at $38.01 during mid-day trading on Monday. 4,169 shares of the stock traded hands, compared to its average volume of 3,084. The firm has a market cap of $29.27 million, a price-to-earnings ratio of 15.17 and a beta of 0.67. The company has a fifty day simple moving average of $37.20 and a 200-day simple moving average of $36.91. Global X S&P 500 Quality Dividend ETF has a one year low of $33.38 and a one year high of $39.09.

Global X S&P 500 Quality Dividend ETF Company Profile

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.