Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Up 61.9% in May

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a significant growth in short interest in May. As of May 31st, there was short interest totalling 19,100 shares, a growth of 61.9% from the May 15th total of 11,800 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 40,500 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Global X S&P 500 Catholic Values ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fund Evaluation Group LLC boosted its holdings in Global X S&P 500 Catholic Values ETF by 30.3% in the first quarter. Fund Evaluation Group LLC now owns 486,370 shares of the company’s stock valued at $32,849,000 after purchasing an additional 113,169 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $25,549,000. Truist Financial Corp boosted its holdings in Global X S&P 500 Catholic Values ETF by 22.0% in the fourth quarter. Truist Financial Corp now owns 290,712 shares of the company’s stock valued at $20,594,000 after purchasing an additional 52,503 shares in the last quarter. BCM Advisors LLC boosted its holdings in Global X S&P 500 Catholic Values ETF by 1.4% in the first quarter. BCM Advisors LLC now owns 234,958 shares of the company’s stock valued at $16,163,000 after purchasing an additional 3,341 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of Global X S&P 500 Catholic Values ETF by 2.7% in the fourth quarter. Wells Fargo & Company MN now owns 157,022 shares of the company’s stock valued at $11,123,000 after acquiring an additional 4,114 shares during the period.

Global X S&P 500 Catholic Values ETF Stock Down 1.2%

Shares of CATH opened at $72.52 on Monday. The stock has a 50 day moving average price of $69.03 and a 200 day moving average price of $70.32. The company has a market capitalization of $937.68 million, a price-to-earnings ratio of 26.67 and a beta of 1.01. Global X S&P 500 Catholic Values ETF has a 52-week low of $58.39 and a 52-week high of $74.20.

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.