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 August. As of August 31st, there was short interest totalling 25,900 shares, an increase of 29.5% from the August 15th total of 20,000 shares. Based on an average trading volume of 26,300 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CATH. Smith Chas P & Associates PA Cpas lifted its position in shares of Global X S&P 500 Catholic Values ETF by 1.5% during the second quarter. Smith Chas P & Associates PA Cpas now owns 13,900 shares of the company’s stock valued at $757,000 after buying an additional 200 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of Global X S&P 500 Catholic Values ETF by 1.4% during the fourth quarter. Harbour Investments Inc. now owns 15,218 shares of the company’s stock valued at $708,000 after buying an additional 210 shares during the last quarter. HHM Wealth Advisors LLC lifted its position in shares of Global X S&P 500 Catholic Values ETF by 6.9% during the first quarter. HHM Wealth Advisors LLC now owns 3,497 shares of the company’s stock valued at $176,000 after buying an additional 227 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Global X S&P 500 Catholic Values ETF by 1.9% during the fourth quarter. Brown Advisory Inc. now owns 13,705 shares of the company’s stock valued at $638,000 after buying an additional 257 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of Global X S&P 500 Catholic Values ETF by 0.3% in the 2nd quarter. Royal Bank of Canada now owns 79,611 shares of the company’s stock valued at $4,334,000 after purchasing an additional 265 shares during the last quarter.

Global X S&P 500 Catholic Values ETF Stock Performance

Global X S&P 500 Catholic Values ETF stock traded down $0.67 during midday trading on Friday, hitting $54.09. 43,377 shares of the company’s stock were exchanged, compared to its average volume of 33,667. Global X S&P 500 Catholic Values ETF has a 12 month low of $42.55 and a 12 month high of $56.51. The firm has a 50-day moving average of $54.76 and a two-hundred day moving average of $52.59. The company has a market cap of $679.37 million, a PE ratio of 16.67 and a beta of 1.01.

Global X S&P 500 Catholic Values ETF Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, July 10th. Shareholders of record on Friday, June 30th were issued a dividend of $0.267 per share. The ex-dividend date was Thursday, 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.