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:QDIVGet Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 222 shares, an increase of 38.8% from the March 15th total of 160 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,535 shares, the short-interest ratio is presently 0.1 days.

Global X S&P 500 Quality Dividend ETF Stock Performance

Shares of NYSEARCA QDIV traded down $0.15 during trading hours on Wednesday, reaching $36.36. 1,525 shares of the stock were exchanged, compared to its average volume of 2,357. The firm 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 has a 52 week low of $31.73 and a 52 week high of $39.09. The stock’s fifty day simple moving average is $37.31 and its 200 day simple moving average is $35.88.

Global X S&P 500 Quality Dividend ETF Cuts Dividend

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

Hedge Funds 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 QDIV. Bank of America Corp DE bought a new position in Global X S&P 500 Quality Dividend ETF during the 2nd quarter worth $53,000. Compound Planning Inc. increased its stake in Global X S&P 500 Quality Dividend ETF by 4.6% during the 4th quarter. Compound Planning Inc. now owns 14,183 shares of the company’s stock worth $492,000 after acquiring an additional 630 shares during the period. APS Management Group Inc. bought a new position in Global X S&P 500 Quality Dividend ETF during the 3rd quarter worth $553,000. Susquehanna International Group LLP increased its stake in Global X S&P 500 Quality Dividend ETF by 102.3% during the 3rd 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 period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Global X S&P 500 Quality Dividend ETF by 22.0% during the 2nd 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 period.

Global X S&P 500 Quality Dividend ETF Company Profile

(Get Free Report)

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.

Further Reading

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