Short Interest in GMO International Quality ETF (NYSEARCA:QLTI) Drops By 87.6%

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,933 shares, a decline of 87.6% from the April 30th total of 15,609 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 30,099 shares, the short-interest ratio is presently 0.1 days.

GMO International Quality ETF Stock Performance

Shares of QLTI stock traded down $0.07 during midday trading on Thursday, hitting $26.49. 3,485 shares of the company were exchanged, compared to its average volume of 35,889. The firm has a market capitalization of $286.09 million, a P/E ratio of -38.96 and a beta of 0.54. The firm’s 50 day moving average price is $25.73 and its two-hundred day moving average price is $26.36. GMO International Quality ETF has a 52 week low of $24.21 and a 52 week high of $28.15.

Institutional Trading of GMO International Quality ETF

A number of institutional investors have recently bought and sold shares of the business. Caprock Group LLC boosted its holdings in GMO International Quality ETF by 0.5% in the 4th quarter. Caprock Group LLC now owns 80,549 shares of the company’s stock valued at $2,143,000 after purchasing an additional 424 shares during the period. Parallel Advisors LLC boosted its holdings in GMO International Quality ETF by 41.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock valued at $70,000 after purchasing an additional 802 shares during the period. Turim 21 Investimentos Ltda. bought a new stake in GMO International Quality ETF in the 4th quarter valued at about $39,000. JPMorgan Chase & Co. bought a new stake in GMO International Quality ETF in the 2nd quarter valued at about $148,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in GMO International Quality ETF in the 4th quarter valued at about $314,000. Institutional investors own 61.01% of the company’s stock.

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.