Short Interest in GMO International Quality ETF (NYSEARCA:QLTI) Expands By 669.3%

GMO International Quality ETF (NYSEARCA:QLTI) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 15,609 shares, a growth of 669.3% from the April 15th total of 2,029 shares. Based on an average daily volume of 12,500 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On GMO International Quality ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QLTI. Lazard Asset Management LLC raised its position in GMO International Quality ETF by 143.2% during the fourth quarter. Lazard Asset Management LLC now owns 1,523,733 shares of the company’s stock valued at $40,531,000 after purchasing an additional 897,193 shares during the period. Perigon Wealth Management LLC increased its holdings in GMO International Quality ETF by 24.4% during the 4th quarter. Perigon Wealth Management LLC now owns 178,446 shares of the company’s stock worth $4,747,000 after purchasing an additional 34,995 shares during the period. Caprock Group LLC grew its holdings in GMO International Quality ETF by 0.5% during the 4th quarter. Caprock Group LLC now owns 80,549 shares of the company’s stock worth $2,143,000 after acquiring an additional 424 shares in the last quarter. Moneta Group Investment Advisors LLC bought a new position in GMO International Quality ETF during the 4th quarter worth about $1,221,000. Finally, RPS Advisory Solutions LLC bought a new stake in GMO International Quality ETF during the 4th quarter valued at $425,000. 61.01% of the stock is currently owned by hedge funds and other institutional investors.

GMO International Quality ETF Trading Up 0.1%

Shares of QLTI stock opened at $25.96 on Thursday. The stock has a market capitalization of $280.37 million, a price-to-earnings ratio of -38.18 and a beta of 0.54. The stock’s 50-day moving average price is $25.76 and its 200-day moving average price is $26.36. GMO International Quality ETF has a 12-month low of $24.21 and a 12-month high of $28.15.

GMO International Quality ETF Company Profile

The GMO International Quality ETF (QLTI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in non-US equities that the adviser deems to be high quality. The fund focuses on companies with strong cash flows, targeting investments with high return potential. QLTI was launched on Oct 28, 2024 and is issued by GMO.