Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Significant Increase in Short Interest

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 73,617 shares, a growth of 252.6% from the September 30th total of 20,877 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,890 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in Global X S&P 500 Catholic Values ETF by 91.7% in the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock valued at $33,000 after acquiring an additional 200 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Global X S&P 500 Catholic Values ETF during the 3rd quarter worth $50,000. GoalVest Advisory LLC boosted its holdings in shares of Global X S&P 500 Catholic Values ETF by 2,600.0% during the third quarter. GoalVest Advisory LLC now owns 1,350 shares of the company’s stock worth $122,000 after purchasing an additional 1,300 shares during the last quarter. Acorn Wealth Advisors LLC acquired a new stake in shares of Global X S&P 500 Catholic Values ETF during the second quarter worth $217,000. Finally, Pittenger & Anderson Inc. boosted its holdings in shares of Global X S&P 500 Catholic Values ETF by 6.7% during the first quarter. Pittenger & Anderson Inc. now owns 2,770 shares of the company’s stock worth $216,000 after purchasing an additional 175 shares during the last quarter.

Global X S&P 500 Catholic Values ETF Trading Down 0.4%

Shares of NASDAQ CATH traded down $0.41 during trading on Thursday, reaching $91.41. The company had a trading volume of 21,021 shares, compared to its average volume of 42,703. Global X S&P 500 Catholic Values ETF has a twelve month low of $75.61 and a twelve month high of $93.05. The stock has a 50-day moving average price of $91.31 and a two-hundred day moving average price of $87.00. The stock has a market capitalization of $1.38 billion, a PE ratio of 25.57 and a beta of 1.03.

Global X S&P 500 Catholic Values ETF Company Profile

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.