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

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 98 shares, a decline of 89.2% from the June 30th total of 904 shares. Based on an average daily volume of 3,285 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of QDIV. Bank of America Corp DE bought a new position in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter valued at $53,000. Compound Planning Inc. increased its holdings in Global X S&P 500 Quality Dividend ETF by 4.6% in the 4th quarter. Compound Planning Inc. now owns 14,183 shares of the company’s stock worth $492,000 after purchasing an additional 630 shares in the last quarter. Susquehanna International Group LLP increased its holdings in 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 worth $556,000 after purchasing an additional 7,994 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 purchasing an additional 6,420 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Global X S&P 500 Quality Dividend ETF in the second quarter valued at about $1,257,000.

Global X S&P 500 Quality Dividend ETF Stock Performance

Shares of Global X S&P 500 Quality Dividend ETF stock traded up $0.64 during midday trading on Friday, hitting $38.78. 267 shares of the company traded hands, compared to its average volume of 2,927. The firm’s fifty day moving average price is $37.53 and its 200-day moving average price is $37.13. The stock has a market cap of $29.47 million, a price-to-earnings ratio of 15.17 and a beta of 0.67. Global X S&P 500 Quality Dividend ETF has a 12 month low of $33.38 and a 12 month high of $39.09.

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.