Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Up 295.2% in June

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 24,900 shares, an increase of 295.2% from the May 31st total of 6,300 shares. Based on an average daily trading volume, of 28,200 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CATH. Pineridge Advisors LLC purchased a new stake in Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $39,000. Principal Securities Inc. acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $46,000. UMB Bank n.a. increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 33.3% in the fourth quarter. UMB Bank n.a. now owns 3,200 shares of the company’s stock valued at $186,000 after purchasing an additional 800 shares during the period. Planning Alternatives Ltd. ADV acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $200,000. Finally, Cozad Asset Management Inc. acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $210,000.

Global X S&P 500 Catholic Values ETF Stock Performance

NASDAQ CATH traded down $0.30 on Friday, reaching $65.40. The stock had a trading volume of 24,014 shares, compared to its average volume of 31,042. Global X S&P 500 Catholic Values ETF has a 12-month low of $49.89 and a 12-month high of $66.44. The business’s 50-day moving average price is $63.67 and its 200 day moving average price is $61.48. The stock has a market cap of $863.28 million, a P/E ratio of 25.83 and a beta of 1.01.

Global X S&P 500 Catholic Values ETF Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 27th will be paid a $0.2654 dividend. The ex-dividend date of this dividend is Thursday, June 27th.

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.