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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 14,162 shares, a decrease of 73.0% from the February 12th total of 52,485 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,262 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 50,262 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Global X S&P 500 Catholic Values ETF

Several hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. boosted its holdings in Global X S&P 500 Catholic Values ETF by 37.1% during the first quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock worth $38,000 after buying an additional 152 shares in the last quarter. Prospera Financial Services Inc increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 3.5% in the second quarter. Prospera Financial Services Inc now owns 11,184 shares of the company’s stock valued at $844,000 after buying an additional 380 shares in the last quarter. Allworth Financial LP lifted its position in shares of Global X S&P 500 Catholic Values ETF by 33.0% during the 2nd quarter. Allworth Financial LP now owns 73,558 shares of the company’s stock valued at $5,550,000 after acquiring an additional 18,271 shares during the last quarter. Creative Planning lifted its position in shares of Global X S&P 500 Catholic Values ETF by 21.6% during the 2nd quarter. Creative Planning now owns 36,408 shares of the company’s stock valued at $2,747,000 after acquiring an additional 6,470 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Global X S&P 500 Catholic Values ETF by 29.8% during the 2nd quarter. Cetera Investment Advisers now owns 7,041 shares of the company’s stock worth $531,000 after acquiring an additional 1,615 shares in the last quarter.

Global X S&P 500 Catholic Values ETF Stock Down 0.3%

Shares of CATH stock opened at $81.14 on Wednesday. The stock has a 50-day simple moving average of $82.69 and a 200 day simple moving average of $81.78. The stock has a market capitalization of $1.09 billion, a P/E 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 firm 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. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 97.0%.

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.