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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 24,900 shares, an increase of 295.2% from the May 31st total of 6,300 shares. Based on an average daily volume of 28,200 shares, the days-to-cover ratio is presently 0.9 days.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of CATH stock traded down $0.30 during trading hours on Friday, hitting $65.40. 24,014 shares of the company were exchanged, compared to its average volume of 31,042. The firm has a market cap of $863.28 million, a P/E ratio of 25.83 and a beta of 1.01. Global X S&P 500 Catholic Values ETF has a fifty-two week low of $49.89 and a fifty-two week high of $66.44. The company has a 50 day simple moving average of $63.67 and a two-hundred day simple moving average of $61.48.

Global X S&P 500 Catholic Values ETF Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 27th will be given a dividend of $0.2654 per share. The ex-dividend date of this dividend is Thursday, June 27th.

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

Several large investors have recently modified their holdings of the stock. Comerica Bank grew its position in shares of Global X S&P 500 Catholic Values ETF by 0.4% during the 1st quarter. Comerica Bank now owns 41,352 shares of the company’s stock worth $2,632,000 after buying an additional 165 shares during the period. MCF Advisors LLC grew its position in shares of Global X S&P 500 Catholic Values ETF by 0.9% during the 4th quarter. MCF Advisors LLC now owns 19,477 shares of the company’s stock worth $1,129,000 after buying an additional 182 shares during the period. Firestone Capital Management grew its position in Global X S&P 500 Catholic Values ETF by 3.8% in the 4th quarter. Firestone Capital Management now owns 5,682 shares of the company’s stock valued at $330,000 after purchasing an additional 210 shares during the period. MJP Associates Inc. ADV grew its position in Global X S&P 500 Catholic Values ETF by 3.7% in the 1st quarter. MJP Associates Inc. ADV now owns 6,135 shares of the company’s stock valued at $390,000 after purchasing an additional 219 shares during the period. Finally, McClarren Financial Advisors Inc. grew its position in Global X S&P 500 Catholic Values ETF by 2.8% in the 4th quarter. McClarren Financial Advisors Inc. now owns 8,148 shares of the company’s stock valued at $473,000 after purchasing an additional 221 shares during the period.

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.