Short Interest in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Drops By 26.5%

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 52,485 shares, a drop of 26.5% from the January 29th total of 71,404 shares. Based on an average daily volume of 36,676 shares, the short-interest ratio is currently 1.4 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 36,676 shares, the short-interest ratio is currently 1.4 days.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of CATH traded up $0.13 during mid-day trading on Monday, hitting $82.58. 14,275 shares of the company’s stock were exchanged, compared to its average volume of 37,103. The stock’s 50-day moving average is $82.93 and its 200-day moving average is $81.60. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 25.57 and a beta of 1.04. 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 Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders 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.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

Several hedge funds have recently made changes to their positions in the business. Corient Private Wealth LLC grew its position in Global X S&P 500 Catholic Values ETF by 134.2% in the 4th quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock valued at $12,123,000 after buying an additional 84,490 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Global X S&P 500 Catholic Values ETF by 6.7% during the 4th quarter. Cetera Investment Advisers now owns 7,859 shares of the company’s stock valued at $646,000 after acquiring an additional 495 shares during the period. Kovack Advisors Inc. acquired a new stake in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at $1,076,000. Aristotle Capital Management LLC increased its holdings in Global X S&P 500 Catholic Values ETF by 46.3% during the 4th quarter. Aristotle Capital Management LLC now owns 131,269 shares of the company’s stock valued at $10,794,000 after acquiring an additional 41,519 shares in the last quarter. Finally, MML Investors Services LLC raised its position in shares of Global X S&P 500 Catholic Values ETF by 20.6% during the 4th quarter. MML Investors Services LLC now owns 34,105 shares of the company’s stock worth $2,804,000 after purchasing an additional 5,833 shares during the last quarter.

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.