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) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 26,947 shares, an increase of 101.9% from the May 31st total of 13,345 shares. Based on an average daily trading volume, of 44,506 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CATH. Assetmark Inc. grew its holdings in Global X S&P 500 Catholic Values ETF by 91.7% during the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock valued at $33,000 after buying an additional 200 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 37.1% in 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. International Assets Investment Management LLC bought a new position in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter worth $54,000. N.E.W. Advisory Services LLC boosted its position in shares of Global X S&P 500 Catholic Values ETF by 93.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock worth $69,000 after acquiring an additional 406 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new position in Global X S&P 500 Catholic Values ETF during the fourth quarter valued at $111,000.

Global X S&P 500 Catholic Values ETF Trading Up 0.7%

Global X S&P 500 Catholic Values ETF stock traded up $0.58 during mid-day trading on Tuesday, hitting $88.40. The stock had a trading volume of 89,398 shares, compared to its average volume of 44,080. Global X S&P 500 Catholic Values ETF has a one year low of $75.11 and a one year high of $90.68. The firm has a market capitalization of $1.24 billion, a P/E ratio of 25.57 and a beta of 1.02. The firm’s 50 day moving average is $88.09 and its 200 day moving average is $84.07.

Global X S&P 500 Catholic Values ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, July 2nd. Investors of record on Monday, June 29th will be given a dividend of $0.2817 per share. The ex-dividend date 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.