Short Interest in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Increases By 778.8%

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 29,000 shares, an increase of 778.8% from the January 15th total of 3,300 shares. Based on an average daily volume of 46,800 shares, the short-interest ratio is presently 0.6 days.

Global X S&P 500 Catholic Values ETF Trading Down 0.2 %

CATH stock traded down $0.12 during mid-day trading on Wednesday, hitting $72.98. The stock had a trading volume of 3,054 shares, compared to its average volume of 66,202. Global X S&P 500 Catholic Values ETF has a 1-year low of $59.57 and a 1-year high of $73.91. The company has a fifty day moving average of $72.43 and a 200 day moving average of $70.02. The stock has a market capitalization of $928.32 million, a price-to-earnings ratio of 25.83 and a beta of 1.01.

Global X S&P 500 Catholic Values ETF Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Foundations Investment Advisors LLC increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 17.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 13,649 shares of the company’s stock valued at $947,000 after acquiring an additional 2,061 shares during the last quarter. First Hawaiian Bank acquired a new position in shares of Global X S&P 500 Catholic Values ETF during the 4th quarter valued at about $704,000. Financial Advocates Investment Management increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 13.5% during the 3rd quarter. Financial Advocates Investment Management now owns 3,701 shares of the company’s stock valued at $257,000 after acquiring an additional 441 shares during the last quarter. McClarren Financial Advisors Inc. increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 2,259.4% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 9,249 shares of the company’s stock valued at $642,000 after acquiring an additional 8,857 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 15.8% during the 3rd quarter. Creative Planning now owns 27,808 shares of the company’s stock valued at $1,930,000 after acquiring an additional 3,784 shares during 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.