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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 14,162 shares, a decline of 73.0% from the February 12th total of 52,485 shares. Based on an average trading volume of 50,262 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 50,262 shares, the short-interest ratio is currently 0.3 days.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of NASDAQ CATH traded up $0.44 during trading hours on Friday, reaching $80.31. 15,054 shares of the stock were exchanged, compared to its average volume of 44,940. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 25.57 and a beta of 1.04. The stock’s fifty day simple moving average is $82.62 and its 200 day simple moving average is $81.76. Global X S&P 500 Catholic Values ETF has a 52 week low of $58.39 and a 52 week high of $83.95.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.4031 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 97.0%.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

A number of institutional investors have recently modified their holdings of CATH. Geneos Wealth Management Inc. increased its position in Global X S&P 500 Catholic Values ETF by 37.1% during the first quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock worth $38,000 after acquiring an additional 152 shares during the period. Prospera Financial Services Inc grew its position in shares of Global X S&P 500 Catholic Values ETF by 3.5% during the 2nd quarter. Prospera Financial Services Inc now owns 11,184 shares of the company’s stock worth $844,000 after purchasing an additional 380 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 33.0% during the second quarter. Allworth Financial LP now owns 73,558 shares of the company’s stock worth $5,550,000 after purchasing an additional 18,271 shares during the period. Creative Planning raised 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 buying an additional 6,470 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Global X S&P 500 Catholic Values ETF by 29.8% in the second quarter. Cetera Investment Advisers now owns 7,041 shares of the company’s stock valued at $531,000 after buying an additional 1,615 shares in 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.