Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Significant Growth in Short Interest

Global X S&P 500 Catholic Values ETF (NASDAQ:CATHGet Free Report) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 56,178 shares, an increase of 296.7% from the February 26th total of 14,162 shares. Based on an average trading volume of 74,258 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.4% of the shares of the stock are short sold.

Global X S&P 500 Catholic Values ETF Trading Up 0.4%

Shares of NASDAQ CATH opened at $78.96 on Thursday. Global X S&P 500 Catholic Values ETF has a 1-year low of $58.39 and a 1-year high of $83.95. The company has a market cap of $1.06 billion, a PE ratio of 25.57 and a beta of 1.04. The company has a 50-day moving average of $81.89 and a two-hundred day moving average of $81.82.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $0.4031 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 97.0%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CATH. Geneos Wealth Management Inc. boosted its position in Global X S&P 500 Catholic Values ETF by 37.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock valued at $38,000 after buying an additional 152 shares during the last quarter. Avion Wealth acquired a new position in shares of Global X S&P 500 Catholic Values ETF during the third quarter valued at $48,000. International Assets Investment Management LLC acquired a new position in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter valued at $54,000. N.E.W. Advisory Services LLC boosted its holdings in Global X S&P 500 Catholic Values ETF by 93.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock valued at $69,000 after acquiring an additional 406 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new position in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at about $111,000.

About Global X S&P 500 Catholic Values ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Global X S&P 500 Catholic Values ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X S&P 500 Catholic Values ETF and related companies with MarketBeat.com's FREE daily email newsletter.