GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Up 130.3% in March

GMO International Quality ETF (NYSEARCA:QLTI) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 58,639 shares, an increase of 130.3% from the February 26th total of 25,458 shares. Based on an average trading volume of 68,131 shares, the short-interest ratio is currently 0.9 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Trading of GMO International Quality ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Turim 21 Investimentos Ltda. purchased a new position in GMO International Quality ETF in the 4th quarter valued at about $39,000. Parallel Advisors LLC raised its position in shares of GMO International Quality ETF by 41.4% in the third quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock valued at $70,000 after buying an additional 802 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in GMO International Quality ETF during the second quarter worth approximately $148,000. Dynamic Advisor Solutions LLC purchased a new stake in GMO International Quality ETF in the 4th quarter worth approximately $314,000. Finally, RPS Advisory Solutions LLC acquired a new position in GMO International Quality ETF in the 4th quarter valued at $425,000. Hedge funds and other institutional investors own 61.01% of the company’s stock.

GMO International Quality ETF Price Performance

Shares of NYSEARCA QLTI traded down $0.22 on Friday, hitting $24.28. The company’s stock had a trading volume of 63,523 shares, compared to its average volume of 43,534. The stock has a 50 day moving average of $26.79 and a 200-day moving average of $26.34. GMO International Quality ETF has a 12-month low of $21.41 and a 12-month high of $28.15. The company has a market capitalization of $237.94 million, a price-to-earnings ratio of -35.71 and a beta of 0.98.

GMO International Quality ETF Dividend Announcement

The business also recently declared a special dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.0326 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. GMO International Quality ETF’s payout ratio is -19.12%.

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.