GMO International Quality ETF (NYSEARCA:QLTI) Sees Large Growth in Short Interest

GMO International Quality ETF (NYSEARCA:QLTI) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 44,970 shares, a growth of 220.6% from the January 29th total of 14,029 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 62,598 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 62,598 shares, the short-interest ratio is presently 0.7 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On GMO International Quality ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC raised its position in shares of GMO International Quality ETF by 143.2% during the fourth quarter. Lazard Asset Management LLC now owns 1,523,733 shares of the company’s stock valued at $40,531,000 after buying an additional 897,193 shares during the last quarter. Perigon Wealth Management LLC grew its stake in GMO International Quality ETF by 24.4% during the fourth quarter. Perigon Wealth Management LLC now owns 178,446 shares of the company’s stock valued at $4,747,000 after acquiring an additional 34,995 shares in the last quarter. Caprock Group LLC increased its holdings in GMO International Quality ETF by 0.5% in the 4th quarter. Caprock Group LLC now owns 80,549 shares of the company’s stock valued at $2,143,000 after acquiring an additional 424 shares during the last quarter. Moneta Group Investment Advisors LLC purchased a new stake in GMO International Quality ETF in the 4th quarter worth $1,221,000. Finally, RPS Advisory Solutions LLC bought a new position in shares of GMO International Quality ETF during the 4th quarter valued at about $425,000. 61.01% of the stock is owned by hedge funds and other institutional investors.

GMO International Quality ETF Stock Down 0.2%

NYSEARCA:QLTI traded down $0.07 on Thursday, reaching $27.93. 34,394 shares of the company’s stock traded hands, compared to its average volume of 31,343. The stock has a 50-day simple moving average of $27.23 and a 200-day simple moving average of $26.25. GMO International Quality ETF has a 12 month low of $21.41 and a 12 month high of $28.15. The firm has a market cap of $273.75 million, a PE ratio of -41.06 and a beta of 0.98.

GMO International Quality ETF Dividend Announcement

The firm also recently declared a special dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.0326 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. GMO International Quality ETF’s payout ratio is currently -19.12%.

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.