Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Down 48.0% in August

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 43,268 shares, a decrease of 48.0% from the August 15th total of 83,206 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 43,720 shares, the days-to-cover ratio is presently 1.0 days.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of NASDAQ CATH traded up $0.30 during mid-day trading on Wednesday, reaching $90.31. The company had a trading volume of 2,684 shares, compared to its average volume of 42,571. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02. The business’s 50-day simple moving average is $90.40 and its 200 day simple moving average is $86.96. Global X S&P 500 Catholic Values ETF has a one year low of $75.61 and a one year high of $93.05.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently announced a semiannual dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were given a $0.2817 dividend. The ex-dividend date was Monday, June 29th. This represents a dividend yield of 64.0%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of Global X S&P 500 Catholic Values ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 442,550 shares of the company’s stock valued at $34,585,000 after purchasing an additional 10,637 shares in the last quarter. Corient Private Wealth LP grew its position in Global X S&P 500 Catholic Values ETF by 19.7% in the second quarter. Corient Private Wealth LP now owns 161,371 shares of the company’s stock valued at $14,281,000 after acquiring an additional 26,561 shares during the last quarter. Corient Private Wealth LLC grew its position in Global X S&P 500 Catholic Values ETF by 134.2% in the fourth quarter. Corient Private Wealth LLC now owns 147,430 shares of the company’s stock valued at $12,123,000 after acquiring an additional 84,490 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in Global X S&P 500 Catholic Values ETF by 2.7% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 150,948 shares of the company’s stock worth $11,797,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 55.8% in the first quarter. Fifth Third Bancorp now owns 93,138 shares of the company’s stock worth $7,279,000 after acquiring an additional 33,376 shares during the last quarter.

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.