Global X SuperDividend ETF (NYSEARCA:SDIV) Short Interest Up 23.1% in December

Global X SuperDividend ETF (NYSEARCA:SDIVGet Free Report) was the target of a significant growth in short interest during 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. Approximately 2.7% of the company’s shares are short sold. Based on an average daily volume of 473,664 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily volume of 473,664 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.7% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SDIV. KERR FINANCIAL PLANNING Corp bought a new stake in Global X SuperDividend ETF in the third quarter valued at approximately $25,000. Total Investment Management Inc. bought a new position in shares of Global X SuperDividend ETF during the second quarter worth $34,000. MAI Capital Management grew its holdings in shares of Global X SuperDividend ETF by 51,150.0% in the 2nd quarter. MAI Capital Management now owns 2,050 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 2,046 shares during the period. CWM LLC grew its holdings in shares of Global X SuperDividend ETF by 794.7% in the 2nd quarter. CWM LLC now owns 2,174 shares of the exchange traded fund’s stock valued at $49,000 after buying an additional 1,931 shares during the period. Finally, Ameriflex Group Inc. bought a new stake in shares of Global X SuperDividend ETF in the 3rd quarter valued at $57,000.

Global X SuperDividend ETF Trading Up 0.2%

Shares of SDIV opened at $25.28 on Monday. 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 1 year low of $17.87 and a 1 year high of $25.33. The stock’s 50-day moving average price is $24.24 and its two-hundred day moving average price is $23.82.

About Global X SuperDividend ETF

(Get Free Report)

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.

Further Reading

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