Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Update

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 98 shares, a drop of 89.2% from the June 30th total of 904 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,285 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC bought a new position in Global X S&P 500 Quality Dividend ETF in the second quarter worth $1,257,000. Susquehanna International Group LLP increased its holdings in Global X S&P 500 Quality Dividend ETF by 102.3% in the 3rd quarter. Susquehanna International Group LLP now owns 15,810 shares of the company’s stock valued at $556,000 after buying an additional 7,994 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in 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 valued at $1,206,000 after buying an additional 6,420 shares during the period. Harbour Investments Inc. raised its stake in shares of Global X S&P 500 Quality Dividend ETF by 8.0% in 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 in the last quarter. Finally, Bank of America Corp DE bought a new position in shares of Global X S&P 500 Quality Dividend ETF during the 2nd quarter worth about $53,000.

Global X S&P 500 Quality Dividend ETF Stock Performance

Shares of QDIV traded up $0.64 during trading hours on Friday, reaching $38.78. 267 shares of the company traded hands, compared to its average volume of 2,927. The stock’s fifty day moving average is $37.53 and its 200 day moving average is $37.13. The stock has a market cap of $29.47 million, a P/E ratio of 15.17 and a beta of 0.67. Global X S&P 500 Quality Dividend ETF has a 1-year low of $33.38 and a 1-year high of $39.09.

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.