GMO International Quality ETF (NYSEARCA:QLTI) Sees Significant Increase in Short Interest

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 4,486 shares, a growth of 628.2% from the June 30th total of 616 shares. Based on an average trading volume of 9,260 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On GMO International Quality ETF

A number of institutional investors have recently bought and sold shares of the company. Caprock Group LLC boosted its holdings in GMO International Quality ETF by 0.5% in the 4th quarter. Caprock Group LLC now owns 80,549 shares of the company’s stock valued at $2,143,000 after purchasing an additional 424 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of GMO International Quality ETF by 41.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock worth $70,000 after buying an additional 802 shares during the last quarter. Turim 21 Investimentos Ltda. purchased a new stake in shares of GMO International Quality ETF during the 4th quarter valued at approximately $39,000. Dynamic Advisor Solutions LLC raised its position in shares of GMO International Quality ETF by 28.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,447 shares of the company’s stock valued at $526,000 after buying an additional 4,314 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in shares of GMO International Quality ETF during the 2nd quarter valued at approximately $148,000. 61.01% of the stock is owned by hedge funds and other institutional investors.

GMO International Quality ETF Stock Performance

Shares of NYSEARCA QLTI traded up $0.18 during trading on Friday, hitting $26.23. 1,098 shares of the company were exchanged, compared to its average volume of 29,368. The company has a fifty day moving average price of $26.57 and a 200-day moving average price of $26.53. The firm has a market capitalization of $283.28 million, a PE ratio of -38.57 and a beta of 0.50. GMO International Quality ETF has a 12-month low of $24.21 and a 12-month high of $28.15.

About GMO International Quality ETF

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.