Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Large Decline in Short Interest

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 14,162 shares, a drop of 73.0% from the February 12th total of 52,485 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 50,262 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 50,262 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Global X S&P 500 Catholic Values ETF

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. increased its stake in shares of Global X S&P 500 Catholic Values ETF by 37.1% during the first quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock valued at $38,000 after acquiring an additional 152 shares during the period. Avion Wealth acquired a new stake in Global X S&P 500 Catholic Values ETF in the third quarter worth approximately $48,000. International Assets Investment Management LLC acquired a new stake in Global X S&P 500 Catholic Values ETF in the fourth quarter worth approximately $54,000. N.E.W. Advisory Services LLC boosted its stake in Global X S&P 500 Catholic Values ETF by 93.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock valued at $69,000 after purchasing an additional 406 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new position in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter valued at $111,000.

Global X S&P 500 Catholic Values ETF Stock Down 0.3%

CATH stock opened at $81.14 on Wednesday. The company has a market capitalization of $1.09 billion, a P/E ratio of 25.57 and a beta of 1.04. The company has a 50-day simple moving average of $82.69 and a 200 day simple moving average of $81.78. Global X S&P 500 Catholic Values ETF has a fifty-two week low of $58.39 and a fifty-two week high of $83.95.

Global X S&P 500 Catholic Values ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.4031 per share. This represents a dividend yield of 97.0%. The ex-dividend date was Tuesday, December 30th.

About Global X S&P 500 Catholic Values ETF

The Global X S&P 500 Catholic Values ETF (CATH) is an exchange-traded fund that is based on the S&P 500 Catholic Values index. The fund tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. CATH was launched on Apr 18, 2016 and is managed by Global X.