Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Down 34.3% in June

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 140 shares, a decline of 34.3% from the May 31st total of 213 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 817 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Compound Planning Inc. increased its position in Global X S&P 500 Quality Dividend ETF by 2.8% during the 1st quarter. Compound Planning Inc. now owns 14,586 shares of the company’s stock valued at $536,000 after buying an additional 403 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of 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 valued at $2,390,000 after acquiring an additional 5,095 shares in the last quarter. Susquehanna International Group LLP increased its holdings in shares of 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 valued at $556,000 after acquiring an additional 7,994 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter valued at approximately $53,000. Finally, Jane Street Group LLC purchased a new position in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter valued at approximately $1,257,000.

Global X S&P 500 Quality Dividend ETF Stock Performance

Shares of NYSEARCA:QDIV remained flat at $38.24 during midday trading on Friday. The stock had a trading volume of 809 shares, compared to its average volume of 2,981. The stock’s 50 day moving average price is $37.04 and its 200 day moving average price is $36.79. Global X S&P 500 Quality Dividend ETF has a 1 year low of $33.38 and a 1 year high of $39.09. The company has a market capitalization of $29.44 million, a P/E ratio of 15.17 and a beta of 0.67.

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.