Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Short Interest Update

Global X SuperDividend U.S. ETF (NYSEARCA:DIV) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 243,380 shares, a growth of 50.4% from the November 30th total of 161,782 shares. Based on an average trading volume of 286,450 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 286,450 shares, the days-to-cover ratio is presently 0.8 days.

Global X SuperDividend U.S. ETF Stock Performance

Shares of DIV stock traded down $0.09 during trading on Wednesday, hitting $17.32. 53,422 shares of the company were exchanged, compared to its average volume of 196,441. The firm has a market capitalization of $631.82 million, a price-to-earnings ratio of 11.57 and a beta of 0.67. The business’s 50-day simple moving average is $17.44 and its 200 day simple moving average is $17.57. Global X SuperDividend U.S. ETF has a twelve month low of $16.19 and a twelve month high of $19.17.

Institutional Investors Weigh In On Global X SuperDividend U.S. ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DIV. Trust Co. of Vermont bought a new stake in Global X SuperDividend U.S. ETF in the third quarter worth approximately $27,000. Ameritas Advisory Services LLC acquired a new stake in shares of Global X SuperDividend U.S. ETF in the 2nd quarter valued at $36,000. Chelsea Counsel Co. lifted its stake in shares of Global X SuperDividend U.S. ETF by 62.2% in the 1st quarter. Chelsea Counsel Co. now owns 3,650 shares of the company’s stock valued at $69,000 after purchasing an additional 1,400 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in Global X SuperDividend U.S. ETF by 366.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,639 shares of the company’s stock worth $82,000 after purchasing an additional 3,644 shares in the last quarter. Finally, HighTower Advisors LLC bought a new stake in Global X SuperDividend U.S. ETF in the first quarter worth $215,000.

About Global X SuperDividend U.S. ETF

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.