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

GMO International Quality ETF (NYSEARCA:QLTI) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 19,123 shares, a decline of 98.8% from the December 15th total of 1,608,645 shares. Based on an average daily trading volume, of 27,561 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 27,561 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On GMO International Quality ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its holdings in GMO International Quality ETF by 41.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock valued at $70,000 after buying an additional 802 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of GMO International Quality ETF in the second quarter valued at $148,000. Dynamic Advisor Solutions LLC bought a new stake in GMO International Quality ETF in the fourth quarter worth $314,000. Finally, Lazard Asset Management LLC purchased a new stake in GMO International Quality ETF during the second quarter valued at $7,095,000. 61.01% of the stock is owned by institutional investors.

GMO International Quality ETF Trading Down 0.4%

QLTI traded down $0.10 during trading on Wednesday, hitting $27.25. 14,241 shares of the company traded hands, compared to its average volume of 24,593. The company has a market cap of $261.60 million, a PE ratio of -40.07 and a beta of 0.98. The stock’s 50-day simple moving average is $26.21 and its two-hundred day simple moving average is $25.80. GMO International Quality ETF has a 1 year low of $21.41 and a 1 year high of $27.45.

GMO International Quality ETF Announces Dividend

The company also recently disclosed a special dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.0326 per share. The ex-dividend date was Tuesday, December 30th. GMO International Quality ETF’s dividend payout ratio (DPR) is presently -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.