GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Update

GMO International Quality ETF (NYSEARCA:QLTI) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,608,645 shares, a growth of 16,627.1% from the November 30th total of 9,617 shares. Based on an average daily trading volume, of 397,192 shares, the days-to-cover ratio is presently 4.1 days. Currently, 53.6% of the company’s shares are short sold. Currently, 53.6% of the company’s shares are short sold. Based on an average daily trading volume, of 397,192 shares, the days-to-cover ratio is presently 4.1 days.

GMO International Quality ETF Stock Up 0.1%

GMO International Quality ETF stock traded up $0.03 during trading hours on Wednesday, reaching $26.65. 1,908 shares of the company’s stock were exchanged, compared to its average volume of 47,764. GMO International Quality ETF has a twelve month low of $21.41 and a twelve month high of $26.75. The firm’s 50 day simple moving average is $26.01 and its 200 day simple moving average is $25.64. The firm has a market capitalization of $79.95 million, a PE ratio of -39.19 and a beta of 0.98.

GMO International Quality ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a dividend of $0.105 per share. This represents a dividend yield of 41.0%. The ex-dividend date of this dividend was Tuesday, September 30th. GMO International Quality ETF’s dividend payout ratio is presently -20.59%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in QLTI. Lazard Asset Management LLC purchased a new position in GMO International Quality ETF during the 2nd quarter worth $7,095,000. JPMorgan Chase & Co. increased its stake in shares of GMO International Quality ETF by 142.3% in the third quarter. JPMorgan Chase & Co. now owns 13,952 shares of the company’s stock worth $356,000 after purchasing an additional 8,193 shares in the last quarter. Finally, Parallel Advisors LLC purchased a new stake in shares of GMO International Quality ETF during the second quarter worth $50,000. 61.01% of the stock is owned by institutional investors.

GMO International Quality ETF Company Profile

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.