Short Interest in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Declines By 26.5%

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 52,485 shares, a decline of 26.5% from the January 29th total of 71,404 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 36,676 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 36,676 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.4% of the company’s shares are sold short.

Global X S&P 500 Catholic Values ETF Stock Performance

NASDAQ CATH traded down $1.46 during trading on Tuesday, hitting $81.07. The stock had a trading volume of 19,145 shares, compared to its average volume of 36,676. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 25.57 and a beta of 1.04. The stock has a 50 day simple moving average of $82.92 and a 200 day simple moving average of $81.63. Global X S&P 500 Catholic Values ETF has a one year low of $58.39 and a one year high of $83.95.

Global X S&P 500 Catholic Values ETF Announces Dividend

The company 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 was Tuesday, December 30th. This represents a dividend yield of 97.0%.

Institutional Trading of Global X S&P 500 Catholic Values ETF

A number of hedge funds have recently bought and sold shares of CATH. Creative Planning lifted its position in shares of Global X S&P 500 Catholic Values ETF by 21.6% in the second quarter. Creative Planning now owns 36,408 shares of the company’s stock valued at $2,747,000 after acquiring an additional 6,470 shares in the last quarter. Allworth Financial LP boosted its position in shares of Global X S&P 500 Catholic Values ETF by 33.0% during the 2nd quarter. Allworth Financial LP now owns 73,558 shares of the company’s stock valued at $5,550,000 after acquiring an additional 18,271 shares during the last quarter. Savvy Advisors Inc. acquired a new stake in Global X S&P 500 Catholic Values ETF during the second quarter worth $291,000. Montecito Bank & Trust acquired a new stake in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter worth about $548,000. Finally, Savant Capital LLC lifted its position in Global X S&P 500 Catholic Values ETF by 133.9% in the second quarter. Savant Capital LLC now owns 66,333 shares of the company’s stock valued at $5,005,000 after buying an additional 37,974 shares during the last quarter.

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.