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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 26,947 shares, a growth of 101.9% from the May 31st total of 13,345 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 44,506 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors bought a new position in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter valued at approximately $8,511,000. Corient Private Wealth LLC raised its stake in Global X S&P 500 Catholic Values ETF by 134.2% during the 4th quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock worth $12,123,000 after acquiring an additional 84,490 shares during the period. First National Bank of Omaha bought a new stake in Global X S&P 500 Catholic Values ETF during the 4th quarter worth approximately $4,649,000. Aristotle Capital Management LLC lifted its holdings in Global X S&P 500 Catholic Values ETF by 46.3% during the fourth quarter. Aristotle Capital Management LLC now owns 131,269 shares of the company’s stock valued at $10,794,000 after purchasing an additional 41,519 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Global X S&P 500 Catholic Values ETF by 120.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 66,989 shares of the company’s stock valued at $5,508,000 after purchasing an additional 36,630 shares in the last quarter.

Global X S&P 500 Catholic Values ETF Price Performance

Shares of NASDAQ:CATH traded up $0.58 during midday trading on Tuesday, hitting $88.40. The company had a trading volume of 89,398 shares, compared to its average volume of 44,080. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02. Global X S&P 500 Catholic Values ETF has a 12-month low of $75.11 and a 12-month high of $90.68. The company has a fifty day moving average of $88.09 and a two-hundred day moving average of $84.07.

Global X S&P 500 Catholic Values ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th will be issued a dividend of $0.2817 per share. The ex-dividend date of this dividend is Monday, June 29th.

Global X S&P 500 Catholic Values ETF Company Profile

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.