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) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 17,500 shares, a drop of 39.7% from the January 31st total of 29,000 shares. Based on an average trading volume of 41,900 shares, the days-to-cover ratio is presently 0.4 days.

Global X S&P 500 Catholic Values ETF Trading Up 1.5 %

Shares of NASDAQ CATH opened at $71.64 on Friday. The stock has a market cap of $922.72 million, a PE ratio of 27.21 and a beta of 1.02. Global X S&P 500 Catholic Values ETF has a 12-month low of $59.85 and a 12-month high of $74.20. The company has a 50-day moving average of $72.38 and a 200 day moving average of $70.76.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.4052 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X S&P 500 Catholic Values ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Flagship Wealth Advisors LLC acquired a new stake in shares of Global X S&P 500 Catholic Values ETF during the fourth quarter valued at about $39,000. Synergy Asset Management LLC purchased a new position in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter worth approximately $99,000. Tyler Stone Wealth Management increased its holdings in Global X S&P 500 Catholic Values ETF by 122.4% in the 3rd quarter. Tyler Stone Wealth Management now owns 3,072 shares of the company’s stock valued at $213,000 after purchasing an additional 1,691 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Global X S&P 500 Catholic Values ETF in the third quarter valued at approximately $216,000. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in Global X S&P 500 Catholic Values ETF by 66.8% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,806 shares of the company’s stock valued at $219,000 after purchasing an additional 1,124 shares during the period.

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.