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 large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 204 shares, a decrease of 88.6% from the September 15th total of 1,785 shares. Based on an average trading volume of 1,373 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Global X S&P 500 Quality Dividend ETF Trading Down 0.1%

NYSEARCA:QDIV traded down $0.04 during mid-day trading on Friday, hitting $38.90. 460 shares of the company’s stock were exchanged, compared to its average volume of 2,519. The firm has a market capitalization of $28.79 million, a P/E ratio of 15.17 and a beta of 0.68. Global X S&P 500 Quality Dividend ETF has a fifty-two week low of $33.56 and a fifty-two week high of $41.30. The company has a 50 day simple moving average of $39.85 and a 200-day simple moving average of $38.19.

Institutional Investors Weigh In On Global X S&P 500 Quality Dividend ETF

An institutional investor recently raised its stake in Global X S&P 500 Quality Dividend ETF stock. Compound Planning Inc. grew its position in shares of Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,586 shares of the company’s stock after acquiring an additional 403 shares during the quarter. Compound Planning Inc. owned about 1.66% of Global X S&P 500 Quality Dividend ETF worth $536,000 as of its most recent filing with the Securities & Exchange Commission.

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.