Short Interest in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Drops By 55.5%

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 13,345 shares, a decline of 55.5% from the May 14th total of 29,991 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 49,152 shares, the days-to-cover ratio is currently 0.3 days.

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

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

Global X S&P 500 Catholic Values ETF Price Performance

NASDAQ:CATH traded up $0.41 during trading hours on Friday, hitting $88.37. The company had a trading volume of 41,979 shares, compared to its average volume of 42,449. The company has a market capitalization of $1.24 billion, a PE ratio of 25.57 and a beta of 1.02. The stock has a 50-day moving average price of $86.53 and a 200 day moving average price of $83.59. Global X S&P 500 Catholic Values ETF has a 52 week low of $72.41 and a 52 week high of $90.68.

Global X S&P 500 Catholic Values ETF Company Profile

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.