Short Interest in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Rises By 594.3%

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 24,300 shares, an increase of 594.3% from the February 28th total of 3,500 shares. Based on an average daily volume of 49,100 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CATH. Flagship Wealth Advisors LLC acquired a new stake in Global X S&P 500 Catholic Values ETF during the fourth quarter worth about $39,000. Synergy Asset Management LLC purchased a new stake in shares of Global X S&P 500 Catholic Values ETF in the 4th quarter valued at approximately $99,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter worth approximately $216,000. Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 66.8% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,806 shares of the company’s stock worth $219,000 after buying an additional 1,124 shares during the last quarter. Finally, True Link Financial Advisors LLC purchased a new stake in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter valued at approximately $228,000.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of CATH stock traded down $0.80 during trading hours on Wednesday, reaching $68.62. The company had a trading volume of 44,624 shares, compared to its average volume of 34,053. Global X S&P 500 Catholic Values ETF has a 12-month low of $59.85 and a 12-month high of $74.20. The company has a market capitalization of $872.85 million, a price-to-earnings ratio of 25.48 and a beta of 1.01. The stock has a fifty day moving average of $71.30 and a 200-day moving average of $70.96.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.4052 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.