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

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 44,970 shares, an increase of 220.6% from the January 29th total of 14,029 shares. Based on an average trading volume of 62,598 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 62,598 shares, the days-to-cover ratio is presently 0.7 days.

GMO International Quality ETF Trading Up 0.1%

Shares of NYSEARCA:QLTI traded up $0.02 during trading on Friday, reaching $28.05. 417,233 shares of the company traded hands, compared to its average volume of 41,288. GMO International Quality ETF has a 52-week low of $21.41 and a 52-week high of $28.15. The firm has a market capitalization of $274.89 million, a price-to-earnings ratio of -41.25 and a beta of 0.98. The business’s fifty day moving average is $27.30 and its 200-day moving average is $26.28.

GMO International Quality ETF Dividend Announcement

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

Hedge Funds Weigh In On GMO International Quality ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Turim 21 Investimentos Ltda. bought a new stake in shares of GMO International Quality ETF in the fourth quarter worth about $39,000. Parallel Advisors LLC raised its position 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 purchasing an additional 802 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in GMO International Quality ETF in the 2nd quarter worth approximately $148,000. Dynamic Advisor Solutions LLC bought a new stake in shares of GMO International Quality ETF in the 4th quarter worth approximately $314,000. Finally, RPS Advisory Solutions LLC bought a new stake in shares of GMO International Quality ETF in the 4th quarter worth approximately $425,000. 61.01% of the stock is owned by institutional investors.

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.