Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Significant Increase 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 October. As of October 15th, there was short interest totaling 73,617 shares, a growth of 252.6% from the September 30th total of 20,877 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 43,890 shares, the short-interest ratio is currently 1.7 days.

Global X S&P 500 Catholic Values ETF Price Performance

Shares of CATH traded down $1.43 during mid-day trading on Friday, reaching $89.98. 14,985 shares of the company’s stock traded hands, compared to its average volume of 42,567. The stock’s 50-day moving average is $91.31 and its two-hundred day moving average is $87.03. Global X S&P 500 Catholic Values ETF has a 12 month low of $75.61 and a 12 month high of $93.05. The stock has a market cap of $1.36 billion, a P/E ratio of 25.57 and a beta of 1.03.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its stake in Global X S&P 500 Catholic Values ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 442,550 shares of the company’s stock worth $34,585,000 after acquiring an additional 10,637 shares in the last quarter. Corient Private Wealth LP increased its stake in shares of Global X S&P 500 Catholic Values ETF by 19.7% during the second quarter. Corient Private Wealth LP now owns 161,371 shares of the company’s stock valued at $14,281,000 after buying an additional 26,561 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new position in Global X S&P 500 Catholic Values ETF during the 3rd quarter worth about $13,578,000. Security Financial Services INC. increased its position in Global X S&P 500 Catholic Values ETF by 871.6% during the 3rd quarter. Security Financial Services INC. now owns 82,401 shares of the company’s stock valued at $7,472,000 after purchasing an additional 73,920 shares during the period. Finally, Fifth Third Bancorp raised its holdings in shares of Global X S&P 500 Catholic Values ETF by 55.8% in the 1st quarter. Fifth Third Bancorp now owns 93,138 shares of the company’s stock valued at $7,279,000 after purchasing an additional 33,376 shares in the last quarter.

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.