Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Stock Short Interest Falls 71.7%

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 20,877 shares, a decline of 71.7% from the September 15th total of 73,642 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 45,718 shares, the days-to-cover ratio is presently 0.5 days.

Global X S&P 500 Catholic Values ETF Trading Up 0.0%

CATH stock traded up $0.01 during mid-day trading on Tuesday, reaching $92.62. 32,329 shares of the stock traded hands, compared to its average volume of 42,739. Global X S&P 500 Catholic Values ETF has a 52-week low of $75.61 and a 52-week high of $93.05. The company has a market cap of $1.40 billion, a P/E ratio of 25.57 and a beta of 1.03. The stock’s fifty day moving average is $91.44 and its 200-day moving average is $88.41.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in 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 worth $34,585,000 after buying an additional 10,637 shares in the last quarter. Montecito Bank & Trust purchased a new position in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter valued at $613,000. Fifth Third Bancorp increased its stake 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. Corient Private Wealth LLC increased its stake in shares of 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 worth $12,123,000 after acquiring an additional 84,490 shares during the last quarter. Finally, Corient Private Wealth LP increased its stake in shares of 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 worth $14,281,000 after acquiring an additional 26,561 shares during the last quarter.

About Global X S&P 500 Catholic Values ETF

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.