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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 19,100 shares, a growth of 24.0% from the October 15th total of 15,400 shares. Based on an average daily trading volume, of 30,800 shares, the days-to-cover ratio is presently 0.6 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Truist Financial Corp increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 119.3% in the second quarter. Truist Financial Corp now owns 207,382 shares of the company’s stock valued at $13,563,000 after purchasing an additional 112,807 shares during the period. Koss Olinger Consulting LLC purchased a new stake in Global X S&P 500 Catholic Values ETF during the 2nd quarter worth about $2,949,000. Foundations Investment Advisors LLC purchased a new position in shares of Global X S&P 500 Catholic Values ETF during the second quarter valued at approximately $758,000. Fund Evaluation Group LLC boosted its holdings in shares of Global X S&P 500 Catholic Values ETF by 2.8% during the second quarter. Fund Evaluation Group LLC now owns 397,928 shares of the company’s stock worth $26,024,000 after purchasing an additional 10,909 shares during the last quarter. Finally, First Bank & Trust grew its holdings in Global X S&P 500 Catholic Values ETF by 12.3% in the 3rd quarter. First Bank & Trust now owns 89,562 shares of the company’s stock valued at $6,215,000 after buying an additional 9,840 shares during the period.

Global X S&P 500 Catholic Values ETF Stock Down 1.1 %

CATH stock traded down $0.77 during midday trading on Friday, hitting $71.24. The company’s stock had a trading volume of 21,359 shares, compared to its average volume of 31,709. The firm has a 50-day simple moving average of $69.49 and a 200-day simple moving average of $66.68. Global X S&P 500 Catholic Values ETF has a 52-week low of $54.81 and a 52-week high of $72.81. The firm has a market capitalization of $932.53 million, a P/E ratio of 25.83 and a beta of 1.01.

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.