GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Down 89.3% in June

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 616 shares, a decline of 89.3% from the June 15th total of 5,735 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 19,780 shares, the short-interest ratio is presently 0.0 days.

GMO International Quality ETF Stock Performance

QLTI traded up $0.15 on Friday, reaching $26.92. The company had a trading volume of 1,840 shares, compared to its average volume of 30,920. The stock has a market cap of $290.74 million, a P/E ratio of -39.59 and a beta of 0.50. GMO International Quality ETF has a fifty-two week low of $24.21 and a fifty-two week high of $28.15. The company’s fifty day moving average is $26.46 and its 200 day moving average is $26.54.

Hedge Funds Weigh In On GMO International Quality ETF

Several institutional investors and hedge funds have recently made changes to their positions in QLTI. Turim 21 Investimentos Ltda. bought a new position in shares of GMO International Quality ETF during the fourth quarter worth approximately $39,000. Parallel Advisors LLC boosted its stake in GMO International Quality ETF by 41.4% in 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 period. JPMorgan Chase & Co. bought a new stake in GMO International Quality ETF in the 2nd quarter valued at $148,000. Dynamic Advisor Solutions LLC acquired a new position in GMO International Quality ETF in the 4th quarter valued at $314,000. Finally, RPS Advisory Solutions LLC acquired a new position in GMO International Quality ETF in the 4th quarter valued at $425,000. Institutional investors and hedge funds own 61.01% of the company’s stock.

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.