Short Interest in GMO International Quality ETF (NYSEARCA:QLTI) Rises By 333.2%

GMO International Quality ETF (NYSEARCA:QLTI) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 5,735 shares, a growth of 333.2% from the May 31st total of 1,324 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,633 shares, the short-interest ratio is presently 0.5 days.

GMO International Quality ETF Stock Performance

GMO International Quality ETF stock opened at $26.74 on Monday. GMO International Quality ETF has a 52 week low of $24.21 and a 52 week high of $28.15. The stock has a market cap of $288.79 million, a price-to-earnings ratio of -39.32 and a beta of 0.53. The company’s 50-day moving average price is $26.30 and its two-hundred day moving average price is $26.49.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Turim 21 Investimentos Ltda. bought a new stake in 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% 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 in the last quarter. JPMorgan Chase & Co. bought a new position in GMO International Quality ETF during the 2nd quarter valued at $148,000. Dynamic Advisor Solutions LLC acquired a new position in shares of GMO International Quality ETF during the 4th quarter valued at $314,000. Finally, RPS Advisory Solutions LLC acquired a new position in shares of GMO International Quality ETF during the 4th quarter valued at $425,000. 61.01% of the stock is currently owned by institutional investors.

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.