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

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 114 shares, a drop of 68.1% from the July 30th total of 357 shares. Based on an average daily volume of 1,486 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

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

Hedge funds have recently added to or reduced their stakes in the business. Compound Planning Inc. raised its holdings in shares of Global X S&P 500 Quality Dividend ETF by 2.8% in the 1st quarter. Compound Planning Inc. now owns 14,586 shares of the company’s stock worth $536,000 after acquiring an additional 403 shares during the last quarter. Bank of America Corp DE acquired a new position in Global X S&P 500 Quality Dividend ETF during the 2nd quarter valued at about $53,000. Harbour Investments Inc. increased its holdings in Global X S&P 500 Quality Dividend ETF by 8.0% during the 4th 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 purchasing an additional 6,420 shares in the last quarter. Finally, Susquehanna International Group LLP raised its stake in shares of 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 worth $556,000 after purchasing an additional 7,994 shares during the last quarter.

Global X S&P 500 Quality Dividend ETF Stock Up 0.1%

QDIV opened at $41.05 on Thursday. The stock has a market cap of $31.20 million, a PE ratio of 15.17 and a beta of 0.67. The company has a fifty day moving average of $38.98 and a 200-day moving average of $37.79. Global X S&P 500 Quality Dividend ETF has a twelve month low of $33.56 and a twelve month high of $41.30.

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.