Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Down 82.0% in February

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 153 shares, a drop of 82.0% from the February 12th total of 851 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,663 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 2,663 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Global X S&P 500 Quality Dividend ETF Trading Down 0.6%

Global X S&P 500 Quality Dividend ETF stock traded down $0.22 during mid-day trading on Tuesday, hitting $36.77. The stock had a trading volume of 1,645 shares, compared to its average volume of 2,938. The firm has a market capitalization of $31.25 million, a P/E ratio of 15.17 and a beta of 0.80. The firm’s 50 day moving average is $37.11 and its 200 day moving average is $35.62. Global X S&P 500 Quality Dividend ETF has a one year low of $30.15 and a one year high of $39.09.

Global X S&P 500 Quality Dividend ETF Cuts Dividend

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

Institutional Trading of Global X S&P 500 Quality Dividend ETF

Institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 worth $1,206,000 after purchasing an additional 6,420 shares in the last quarter. Jane Street Group LLC purchased a new stake in Global X S&P 500 Quality Dividend ETF during the 2nd quarter valued at approximately $1,257,000. Bank of America Corp DE bought a new stake in shares of Global X S&P 500 Quality Dividend ETF during the second quarter valued at approximately $53,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Global X S&P 500 Quality Dividend ETF during the second quarter valued at approximately $451,000. Finally, XML Financial LLC purchased a new position in shares of Global X S&P 500 Quality Dividend ETF in the third quarter worth $5,517,000.

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.