Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Down 48.0% in August

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 43,268 shares, a decrease of 48.0% from the August 15th total of 83,206 shares. Based on an average trading volume of 43,720 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are sold short.

Global X S&P 500 Catholic Values ETF Price Performance

NASDAQ CATH traded down $0.53 on Tuesday, hitting $90.00. The stock had a trading volume of 32,551 shares, compared to its average volume of 42,802. Global X S&P 500 Catholic Values ETF has a 52-week low of $75.61 and a 52-week high of $93.05. The business’s fifty day moving average price is $90.37 and its 200 day moving average price is $86.92. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently announced a semiannual dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 29th were issued a dividend of $0.2817 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a dividend yield of 64.0%.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in CATH. Sellwood Investment Partners LLC raised its stake in shares of Global X S&P 500 Catholic Values ETF by 2.0% during the 1st quarter. Sellwood Investment Partners LLC now owns 6,685 shares of the company’s stock valued at $522,000 after buying an additional 131 shares during the last quarter. Cornerstone Management Inc. raised its position in Global X S&P 500 Catholic Values ETF by 2.0% during the first quarter. Cornerstone Management Inc. now owns 8,265 shares of the company’s stock valued at $646,000 after acquiring an additional 166 shares in the last quarter. Pittenger & Anderson Inc. raised its position in Global X S&P 500 Catholic Values ETF by 6.7% during the first quarter. Pittenger & Anderson Inc. now owns 2,770 shares of the company’s stock valued at $216,000 after acquiring an additional 175 shares in the last quarter. Keybank National Association OH lifted its holdings in Global X S&P 500 Catholic Values ETF by 0.4% in the first quarter. Keybank National Association OH now owns 46,162 shares of the company’s stock valued at $3,608,000 after acquiring an additional 180 shares during the period. Finally, Assetmark Inc. boosted its position in Global X S&P 500 Catholic Values ETF by 91.7% in the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after purchasing an additional 200 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.