Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Sees Large Growth in Short Interest

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 357 shares, a growth of 264.3% from the July 15th total of 98 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,008 shares, the short-interest ratio is presently 0.4 days.

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

A number of large investors have recently added to or reduced their stakes in QDIV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 worth $1,206,000 after purchasing an additional 6,420 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Global X S&P 500 Quality Dividend ETF during the 2nd quarter valued at about $1,257,000. Bank of America Corp DE purchased a new position in shares of Global X S&P 500 Quality Dividend ETF during the 2nd quarter valued at about $53,000. Susquehanna International Group LLP lifted its position 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 worth $556,000 after buying an additional 7,994 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in 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 worth $2,390,000 after buying an additional 5,095 shares during the last quarter.

Global X S&P 500 Quality Dividend ETF Stock Performance

Global X S&P 500 Quality Dividend ETF stock opened at $40.59 on Friday. Global X S&P 500 Quality Dividend ETF has a fifty-two week low of $33.56 and a fifty-two week high of $40.65. The stock has a market cap of $30.85 million, a P/E ratio of 15.17 and a beta of 0.67. The firm’s fifty day moving average price is $38.42 and its 200-day moving average price is $37.57.

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.