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 decrease in short interest during the month of February. As of February 27th, there was short interest totaling 153 shares, a decrease of 82.0% from the February 12th total of 851 shares. Based on an average daily trading volume, of 2,663 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,663 shares, the days-to-cover ratio is currently 0.1 days.

Global X S&P 500 Quality Dividend ETF Price Performance

NYSEARCA QDIV traded up $0.04 during mid-day trading on Wednesday, reaching $36.81. The stock had a trading volume of 823 shares, compared to its average volume of 2,892. The stock has a market cap of $31.29 million, a PE ratio of 15.17 and a beta of 0.80. Global X S&P 500 Quality Dividend ETF has a 1 year low of $30.15 and a 1 year high of $39.09. The company has a fifty day moving average price of $37.11 and a 200 day moving average price of $35.62.

Global X S&P 500 Quality Dividend ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, February 4th were paid a $0.092 dividend. The ex-dividend date was Wednesday, February 4th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XML Financial LLC bought a new stake in Global X S&P 500 Quality Dividend ETF in the 3rd quarter worth approximately $5,517,000. Harbour Investments Inc. lifted its holdings in shares of 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 valued at $2,390,000 after buying an additional 5,095 shares during the period. Jane Street Group LLC purchased a new position in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter worth $1,257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Global X S&P 500 Quality Dividend ETF by 22.0% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,605 shares of the company’s stock worth $1,206,000 after buying an additional 6,420 shares during the last quarter. Finally, Susquehanna International Group LLP grew its holdings 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 acquiring an additional 7,994 shares during the period.

Global X S&P 500 Quality Dividend ETF Company Profile

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.