Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Short Interest Down 94.8% in January

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,299 shares, a decline of 94.8% from the January 15th total of 24,797 shares. Based on an average trading volume of 1,958 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,958 shares, the days-to-cover ratio is presently 0.7 days.

Global X S&P 500 Quality Dividend ETF Stock Up 0.4%

Global X S&P 500 Quality Dividend ETF stock traded up $0.15 during mid-day trading on Tuesday, reaching $38.53. The company had a trading volume of 2,650 shares, compared to its average volume of 2,402. The firm has a market cap of $32.75 million, a price-to-earnings ratio of 15.17 and a beta of 0.80. The company has a 50 day moving average of $35.85 and a 200-day moving average of $35.09. Global X S&P 500 Quality Dividend ETF has a 52 week low of $30.15 and a 52 week high of $38.65.

Global X S&P 500 Quality Dividend ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Wednesday, February 4th were issued a $0.092 dividend. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend 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. Bank of America Corp DE acquired a new stake in Global X S&P 500 Quality Dividend ETF during the second quarter valued at approximately $53,000. Harbour Investments Inc. boosted its stake in Global X S&P 500 Quality Dividend ETF by 8.8% in the 2nd quarter. Harbour Investments Inc. now owns 58,142 shares of the company’s stock valued at $1,970,000 after buying an additional 4,699 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 lifted its holdings in shares of Global X S&P 500 Quality Dividend ETF by 102.3% during 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, Newbridge Financial Services Group Inc. acquired a new stake in shares of Global X S&P 500 Quality Dividend ETF in the 2nd quarter valued at $451,000.

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.