GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Update

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 11,497 shares, an increase of 702.3% from the August 31st total of 1,433 shares. Based on an average daily trading volume, of 41,673 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

GMO International Quality ETF Price Performance

GMO International Quality ETF stock traded up $0.08 during trading hours on Thursday, hitting $26.82. The company had a trading volume of 394 shares, compared to its average volume of 28,560. The firm has a 50-day moving average of $27.28 and a 200 day moving average of $26.53. The firm has a market cap of $273.56 million, a PE ratio of -39.44 and a beta of 0.51. GMO International Quality ETF has a one year low of $24.22 and a one year high of $28.20.

GMO International Quality ETF Dividend Announcement

The company also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.0248 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a dividend yield of 18.0%. GMO International Quality ETF’s dividend payout ratio is presently -23.53%.

Institutional Trading of GMO International Quality ETF

Several hedge funds have recently added to or reduced their stakes in QLTI. Dynamic Advisor Solutions LLC boosted its stake in GMO International Quality ETF by 28.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,447 shares of the company’s stock valued at $526,000 after purchasing an additional 4,314 shares during the period. Parallel Advisors LLC increased its position in GMO International Quality ETF by 19.3% during the 1st quarter. Parallel Advisors LLC now owns 5,667 shares of the company’s stock worth $142,000 after buying an additional 918 shares during the period. Finally, Turim 21 Investimentos Ltda. bought a new position in GMO International Quality ETF during the 4th quarter worth $39,000. 61.01% of the stock is owned by institutional investors and hedge funds.

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.