Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Down 89.2% in July

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Harbour Investments Inc. increased 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 period. Jane Street Group LLC bought a new stake in shares of 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 shares of 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 worth $1,206,000 after acquiring an additional 6,420 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of 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 worth $556,000 after acquiring an additional 7,994 shares during the last quarter. Finally, Compound Planning Inc. increased its position in Global X S&P 500 Quality Dividend ETF by 2.8% during the first quarter. Compound Planning Inc. now owns 14,586 shares of the company’s stock worth $536,000 after acquiring an additional 403 shares during the period.

Global X S&P 500 Quality Dividend ETF Stock Up 1.7%

Shares of NYSEARCA:QDIV traded up $0.64 during trading on Friday, reaching $38.78. The stock had a trading volume of 267 shares, compared to its average volume of 2,927. The stock has a fifty day simple moving average of $37.53 and a two-hundred day simple moving average of $37.13. Global X S&P 500 Quality Dividend ETF has a 52 week low of $33.38 and a 52 week high of $39.09. The firm has a market capitalization of $29.47 million, a price-to-earnings ratio of 15.17 and a beta of 0.67.

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.