GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Update

GMO International Quality ETF (NYSEARCA:QLTI) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,608,645 shares, an increase of 16,627.1% from the November 30th total of 9,617 shares. Approximately 53.6% of the shares of the stock are short sold. Based on an average daily volume of 397,192 shares, the short-interest ratio is presently 4.1 days. Based on an average daily volume of 397,192 shares, the short-interest ratio is presently 4.1 days. Approximately 53.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of QLTI. Lazard Asset Management LLC bought a new stake in shares of GMO International Quality ETF in the 2nd quarter valued at about $7,095,000. JPMorgan Chase & Co. increased its stake in GMO International Quality ETF by 142.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,952 shares of the company’s stock worth $356,000 after purchasing an additional 8,193 shares during the period. Finally, Parallel Advisors LLC bought a new stake in GMO International Quality ETF in the second quarter valued at approximately $50,000. 61.01% of the stock is owned by institutional investors.

GMO International Quality ETF Trading Up 0.1%

Shares of NYSEARCA:QLTI traded up $0.03 during trading on Wednesday, reaching $26.65. The company had a trading volume of 1,908 shares, compared to its average volume of 47,764. The company has a fifty day moving average of $26.01 and a two-hundred day moving average of $25.64. The stock has a market capitalization of $79.95 million, a P/E ratio of -39.19 and a beta of 0.98. GMO International Quality ETF has a 12 month low of $21.41 and a 12 month high of $26.75.

GMO International Quality ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were issued a $0.105 dividend. This represents a dividend yield of 41.0%. The ex-dividend date was Tuesday, September 30th. GMO International Quality ETF’s payout ratio is presently -20.59%.

GMO International Quality ETF Company Profile

The GMO International Quality ETF (QLTI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in non-US equities that the adviser deems to be high quality. The fund focuses on companies with strong cash flows, targeting investments with high return potential. QLTI was launched on Oct 28, 2024 and is issued by GMO.