Global X SuperDividend ETF (NYSEARCA:SDIV) Sees Large Growth in Short Interest

Global X SuperDividend ETF (NYSEARCA:SDIV) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,214,009 shares, a growth of 23.1% from the December 15th total of 986,153 shares. Currently, 2.7% of the shares of the company are short sold. Based on an average daily trading volume, of 473,664 shares, the short-interest ratio is presently 2.6 days. Based on an average daily trading volume, of 473,664 shares, the short-interest ratio is presently 2.6 days. Currently, 2.7% of the shares of the company are short sold.

Institutional Trading of Global X SuperDividend ETF

Several institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Global X SuperDividend ETF during the second quarter worth $86,000. Crews Bank & Trust raised its stake in Global X SuperDividend ETF by 69.2% in the 2nd quarter. Crews Bank & Trust now owns 6,115 shares of the exchange traded fund’s stock worth $138,000 after purchasing an additional 2,500 shares in the last quarter. Synergy Asset Management LLC bought a new stake in Global X SuperDividend ETF in the 2nd quarter valued at about $1,973,000. Ameritas Advisory Services LLC grew its position in shares of Global X SuperDividend ETF by 9.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 38,532 shares of the exchange traded fund’s stock worth $869,000 after purchasing an additional 3,279 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC grew its position in shares of Global X SuperDividend ETF by 41.0% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 44,576 shares of the exchange traded fund’s stock worth $1,005,000 after purchasing an additional 12,955 shares in the last quarter.

Global X SuperDividend ETF Stock Up 0.2%

Global X SuperDividend ETF stock opened at $25.28 on Tuesday. The company’s 50-day moving average price is $24.26 and its two-hundred day moving average price is $23.84. The stock has a market cap of $1.14 billion, a P/E ratio of 8.00 and a beta of 0.85. Global X SuperDividend ETF has a twelve month low of $17.87 and a twelve month high of $25.33.

Global X SuperDividend ETF Company Profile

The Global X SuperDividend ETF (SDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equal-weighted index of 100 global securities with high yields. SDIV was launched on Jun 8, 2011 and is managed by Global X.