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

GMO International Quality ETF (NYSEARCA:QLTI) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,735 shares, an increase of 333.2% from the May 31st total of 1,324 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 11,633 shares, the short-interest ratio is currently 0.5 days.

GMO International Quality ETF Trading Up 0.1%

Shares of QLTI stock traded up $0.03 on Friday, reaching $26.74. 35,430 shares of the stock were exchanged, compared to its average volume of 31,923. The company has a market capitalization of $288.79 million, a price-to-earnings ratio of -39.32 and a beta of 0.53. The business’s 50 day moving average price is $26.30 and its 200 day moving average price is $26.49. GMO International Quality ETF has a twelve month low of $24.21 and a twelve month high of $28.15.

Institutional Investors Weigh In On GMO International Quality ETF

Several hedge funds and other institutional investors have recently made changes to their positions in QLTI. Lazard Asset Management LLC lifted its stake in 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 worth $40,531,000 after purchasing an additional 897,193 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in 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 in the last quarter. Caprock Group LLC increased its stake in GMO International Quality ETF by 0.5% in the fourth quarter. Caprock Group LLC now owns 80,549 shares of the company’s stock valued at $2,143,000 after purchasing an additional 424 shares during the last quarter. Moneta Group Investment Advisors LLC purchased a new position in GMO International Quality ETF in the fourth quarter valued at approximately $1,221,000. Finally, RPS Advisory Solutions LLC acquired a new stake in GMO International Quality ETF during the fourth quarter worth approximately $425,000. Institutional investors and hedge funds own 61.01% of the company’s stock.

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.