Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Update

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 29,537 shares, a drop of 36.1% from the April 15th total of 46,254 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 33,871 shares, the days-to-cover ratio is presently 0.9 days.

Global X S&P 500 Catholic Values ETF Stock Down 0.1%

NASDAQ:CATH opened at $88.46 on Tuesday. The stock’s 50 day moving average price is $82.78 and its 200 day moving average price is $82.61. The company has a market capitalization of $1.24 billion, a PE ratio of 25.57 and a beta of 1.03. Global X S&P 500 Catholic Values ETF has a 52-week low of $70.39 and a 52-week high of $89.69.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. grew its stake in Global X S&P 500 Catholic Values ETF by 91.7% during the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after buying an additional 200 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in Global X S&P 500 Catholic Values ETF by 37.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 562 shares of the company’s stock worth $38,000 after buying an additional 152 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Global X S&P 500 Catholic Values ETF during the 4th quarter worth approximately $54,000. N.E.W. Advisory Services LLC lifted its position in Global X S&P 500 Catholic Values ETF by 93.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 842 shares of the company’s stock worth $69,000 after acquiring an additional 406 shares during the period. Finally, Sound Income Strategies LLC acquired a new stake in Global X S&P 500 Catholic Values ETF during the 4th quarter worth approximately $111,000.

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.