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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 14,600 shares, a growth of 64.0% from the December 15th total of 8,900 shares. Based on an average daily volume of 42,900 shares, the days-to-cover ratio is currently 0.3 days.

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

Hedge funds have recently made changes to their positions in the business. MBE Wealth Management LLC raised its holdings in Global X S&P 500 Catholic Values ETF by 3.0% in the third quarter. MBE Wealth Management LLC now owns 5,095 shares of the company’s stock valued at $354,000 after acquiring an additional 150 shares in the last quarter. Focus Financial Network Inc. increased its position in Global X S&P 500 Catholic Values ETF by 3.3% during the third quarter. Focus Financial Network Inc. now owns 7,054 shares of the company’s stock worth $489,000 after buying an additional 225 shares during the period. Financial Advocates Investment Management lifted its stake in Global X S&P 500 Catholic Values ETF by 13.5% in the third quarter. Financial Advocates Investment Management now owns 3,701 shares of the company’s stock valued at $257,000 after buying an additional 441 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Global X S&P 500 Catholic Values ETF by 1.2% in the third quarter. MML Investors Services LLC now owns 38,750 shares of the company’s stock valued at $2,689,000 after acquiring an additional 476 shares during the period. Finally, Koshinski Asset Management Inc. grew its position in shares of Global X S&P 500 Catholic Values ETF by 11.0% during the fourth quarter. Koshinski Asset Management Inc. now owns 6,042 shares of the company’s stock worth $428,000 after acquiring an additional 600 shares during the last quarter.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of Global X S&P 500 Catholic Values ETF stock traded up $0.92 on Friday, reaching $72.66. The company had a trading volume of 8,190 shares, compared to its average volume of 123,994. The firm’s 50 day moving average price is $72.28 and its two-hundred day moving average price is $69.17. Global X S&P 500 Catholic Values ETF has a 52-week low of $57.49 and a 52-week high of $73.91. The firm has a market cap of $924.24 million, a PE ratio of 25.83 and a beta of 1.01.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.4052 per share. The ex-dividend date of this dividend 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.