GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Down 89.3% in June

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 616 shares, a drop of 89.3% from the June 15th total of 5,735 shares. Based on an average daily volume of 19,780 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in shares of GMO International Quality ETF during the 2nd quarter worth approximately $148,000. Lazard Asset Management LLC acquired a new stake in GMO International Quality ETF during the 2nd quarter valued at $7,095,000. Parallel Advisors LLC boosted its position in GMO International Quality ETF by 41.4% during the third quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock worth $70,000 after purchasing an additional 802 shares during the period. Dynamic Advisor Solutions LLC bought a new position in GMO International Quality ETF during the fourth quarter worth $314,000. Finally, Perigon Wealth Management LLC increased its holdings in shares of GMO International Quality ETF by 24.4% in the fourth quarter. Perigon Wealth Management LLC now owns 178,446 shares of the company’s stock valued at $4,747,000 after purchasing an additional 34,995 shares during the last quarter. 61.01% of the stock is currently owned by institutional investors.

GMO International Quality ETF Stock Performance

GMO International Quality ETF stock traded up $0.15 during midday trading on Friday, reaching $26.92. 1,840 shares of the company’s stock were exchanged, compared to its average volume of 30,920. The stock’s 50-day simple moving average is $26.46 and its 200 day simple moving average is $26.54. The firm has a market cap of $290.74 million, a price-to-earnings ratio of -39.59 and a beta of 0.50. GMO International Quality ETF has a 52 week low of $24.21 and a 52 week high of $28.15.

About GMO International Quality ETF

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.