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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 29,000 shares, an increase of 778.8% from the January 15th total of 3,300 shares. Based on an average daily volume of 46,800 shares, the short-interest ratio is presently 0.6 days.

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

Several hedge funds have recently modified their holdings of CATH. Heck Capital Advisors LLC purchased a new stake in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter valued at $25,549,000. Truist Financial Corp lifted its stake in Global X S&P 500 Catholic Values ETF by 22.0% in the 4th quarter. Truist Financial Corp now owns 290,712 shares of the company’s stock worth $20,594,000 after acquiring an additional 52,503 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Global X S&P 500 Catholic Values ETF in the 4th quarter worth about $2,290,000. LPL Financial LLC lifted its stake in Global X S&P 500 Catholic Values ETF by 31.9% in the 4th quarter. LPL Financial LLC now owns 133,248 shares of the company’s stock worth $9,439,000 after acquiring an additional 32,192 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT lifted its stake in Global X S&P 500 Catholic Values ETF by 662.1% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 23,868 shares of the company’s stock worth $1,691,000 after acquiring an additional 20,736 shares in the last quarter.

Global X S&P 500 Catholic Values ETF Stock Down 0.2 %

Shares of NASDAQ CATH traded down $0.12 during mid-day trading on Wednesday, hitting $72.98. 3,054 shares of the company traded hands, compared to its average volume of 66,202. Global X S&P 500 Catholic Values ETF has a 1 year low of $59.57 and a 1 year high of $73.91. The stock has a market capitalization of $928.32 million, a price-to-earnings ratio of 25.83 and a beta of 1.01. The business has a 50 day moving average of $72.43 and a two-hundred day moving average of $70.02.

Global X S&P 500 Catholic Values ETF Dividend Announcement

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