Short Interest in Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Increases By 38.8%

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 222 shares, a growth of 38.8% from the March 15th total of 160 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,535 shares, the short-interest ratio is presently 0.1 days.

Global X S&P 500 Quality Dividend ETF Stock Performance

NYSEARCA QDIV traded down $0.15 during trading hours on Wednesday, hitting $36.36. 1,525 shares of the company traded hands, compared to its average volume of 2,357. The business’s 50-day moving average is $37.31 and its 200-day moving average is $35.88. Global X S&P 500 Quality Dividend ETF has a twelve month low of $31.73 and a twelve month high of $39.09. The stock has a market capitalization of $32.00 million, a price-to-earnings ratio of 15.17 and a beta of 0.73.

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. Investors of record on Wednesday, February 4th were given a dividend of $0.092 per share. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a c) annualized dividend and a yield of 3.0%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in Global X S&P 500 Quality Dividend ETF during the second quarter valued at approximately $53,000. Compound Planning Inc. boosted its position in Global X S&P 500 Quality Dividend ETF by 4.6% during the fourth quarter. Compound Planning Inc. now owns 14,183 shares of the company’s stock valued at $492,000 after purchasing an additional 630 shares during the last quarter. APS Management Group Inc. acquired a new position in Global X S&P 500 Quality Dividend ETF during the third quarter valued at approximately $553,000. Susquehanna International Group LLP boosted its position in 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 purchasing an additional 7,994 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Global X S&P 500 Quality Dividend ETF by 22.0% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,605 shares of the company’s stock valued at $1,206,000 after purchasing an additional 6,420 shares during the last quarter.

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.