GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Down 85.7% in April

GMO International Quality ETF (NYSEARCA:QLTI) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 2,029 shares, a decline of 85.7% from the March 31st total of 14,142 shares. Based on an average daily volume of 9,706 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

GMO International Quality ETF Price Performance

NYSEARCA QLTI traded up $0.34 on Friday, hitting $26.16. 10,312 shares of the company’s stock were exchanged, compared to its average volume of 35,814. The firm’s 50-day moving average price is $26.15 and its two-hundred day moving average price is $26.36. GMO International Quality ETF has a fifty-two week low of $24.10 and a fifty-two week high of $28.15. The firm has a market cap of $282.53 million, a price-to-earnings ratio of -38.47 and a beta of 0.59.

Hedge Funds Weigh In On GMO International Quality ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Turim 21 Investimentos Ltda. acquired a new position in GMO International Quality ETF during the 4th quarter worth approximately $39,000. Parallel Advisors LLC increased its holdings in shares of GMO International Quality ETF by 41.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock valued at $70,000 after purchasing an additional 802 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of GMO International Quality ETF in the 2nd quarter valued at about $148,000. Dynamic Advisor Solutions LLC purchased a new position in shares of GMO International Quality ETF in the 4th quarter valued at about $314,000. Finally, RPS Advisory Solutions LLC purchased a new position in shares of GMO International Quality ETF in the 4th quarter valued at about $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.