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

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 98 shares, a decrease of 89.2% from the June 30th total of 904 shares. Based on an average trading volume of 3,285 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of QDIV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Global X S&P 500 Quality Dividend ETF by 22.0% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,605 shares of the company’s stock worth $1,206,000 after acquiring an additional 6,420 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Global X S&P 500 Quality Dividend ETF in the second quarter worth $1,257,000. Bank of America Corp DE bought a new stake in shares of Global X S&P 500 Quality Dividend ETF in the second quarter worth $53,000. Susquehanna International Group LLP boosted its holdings in Global X S&P 500 Quality Dividend ETF by 102.3% during the third 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 during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in Global X S&P 500 Quality Dividend ETF by 8.0% during the fourth quarter. Harbour Investments Inc. now owns 68,528 shares of the company’s stock worth $2,390,000 after purchasing an additional 5,095 shares during the last quarter.

Global X S&P 500 Quality Dividend ETF Stock Up 1.4%

QDIV traded up $0.56 during trading on Monday, hitting $39.34. The company had a trading volume of 1,810 shares, compared to its average volume of 2,918. The company has a market capitalization of $29.90 million, a PE ratio of 15.17 and a beta of 0.67. Global X S&P 500 Quality Dividend ETF has a one year low of $33.38 and a one year high of $39.43. The firm’s 50-day moving average price is $37.53 and its 200 day moving average price is $37.15.

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.