Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Down 70.4% in April

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 131 shares, a drop of 70.4% from the April 15th total of 443 shares. Based on an average trading volume of 3,505 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Global X S&P 500 Quality Dividend ETF Stock Performance

Global X S&P 500 Quality Dividend ETF stock traded up $0.10 during mid-day trading on Thursday, reaching $36.48. The stock had a trading volume of 842 shares, compared to its average volume of 2,334. Global X S&P 500 Quality Dividend ETF has a fifty-two week low of $32.94 and a fifty-two week high of $39.09. The stock’s 50-day simple moving average is $36.64 and its 200-day simple moving average is $36.13. The firm has a market capitalization of $32.10 million, a PE ratio of 15.17 and a beta of 0.68.

Institutional Investors Weigh In On Global X S&P 500 Quality Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. grew its stake in Global X S&P 500 Quality Dividend ETF by 8.0% in 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 during the period. Jane Street Group LLC acquired a new stake in Global X S&P 500 Quality Dividend ETF in the second quarter valued at approximately $1,257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Global X S&P 500 Quality Dividend ETF by 22.0% in 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 acquiring an additional 6,420 shares during the period. Susquehanna International Group LLP grew its stake in 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 valued at $556,000 after acquiring an additional 7,994 shares during the period. Finally, Compound Planning Inc. grew its stake in Global X S&P 500 Quality Dividend ETF by 2.8% in the first quarter. Compound Planning Inc. now owns 14,586 shares of the company’s stock valued at $536,000 after acquiring an additional 403 shares during the period.

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.