Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Down 48.0% in August

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 43,268 shares, a decrease of 48.0% from the August 15th total of 83,206 shares. Based on an average daily volume of 43,720 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CATH. Sellwood Investment Partners LLC boosted its stake in Global X S&P 500 Catholic Values ETF by 2.0% in the first quarter. Sellwood Investment Partners LLC now owns 6,685 shares of the company’s stock valued at $522,000 after acquiring an additional 131 shares in the last quarter. Cornerstone Management Inc. lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 2.0% in the 1st quarter. Cornerstone Management Inc. now owns 8,265 shares of the company’s stock valued at $646,000 after purchasing an additional 166 shares during the last quarter. Pittenger & Anderson Inc. lifted its holdings in shares of Global X S&P 500 Catholic Values ETF by 6.7% in the 1st quarter. Pittenger & Anderson Inc. now owns 2,770 shares of the company’s stock valued at $216,000 after purchasing an additional 175 shares during the last quarter. Keybank National Association OH boosted its position in shares of Global X S&P 500 Catholic Values ETF by 0.4% in the 1st quarter. Keybank National Association OH now owns 46,162 shares of the company’s stock valued at $3,608,000 after purchasing an additional 180 shares during the period. Finally, Assetmark Inc. grew its stake in Global X S&P 500 Catholic Values ETF by 91.7% during the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after buying an additional 200 shares during the last quarter.

Global X S&P 500 Catholic Values ETF Stock Down 0.6%

CATH traded down $0.53 during trading on Tuesday, reaching $90.00. The company’s stock had a trading volume of 32,551 shares, compared to its average volume of 42,802. The firm has a fifty day simple moving average of $90.37 and a two-hundred day simple moving average of $86.92. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 25.57 and a beta of 1.02. Global X S&P 500 Catholic Values ETF has a 1 year low of $75.61 and a 1 year high of $93.05.

Global X S&P 500 Catholic Values ETF Announces Dividend

The business also recently disclosed a semiannual dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were given a dividend of $0.2817 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a dividend yield of 64.0%.

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.