Global X S&P 500 Catholic Values ETF (NASDAQ:CATH – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 73,617 shares, an increase of 252.6% from the September 30th total of 20,877 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 43,890 shares, the short-interest ratio is presently 1.7 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE raised its position in Global X S&P 500 Catholic Values ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 442,550 shares of the company’s stock valued at $34,585,000 after buying an additional 10,637 shares during the last quarter. Corient Private Wealth LP lifted its stake in Global X S&P 500 Catholic Values ETF by 19.7% in the 2nd quarter. Corient Private Wealth LP now owns 161,371 shares of the company’s stock valued at $14,281,000 after acquiring an additional 26,561 shares in the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new position in Global X S&P 500 Catholic Values ETF during the 3rd quarter worth approximately $13,578,000. Fifth Third Bancorp boosted its position in Global X S&P 500 Catholic Values ETF by 55.8% during the 1st quarter. Fifth Third Bancorp now owns 93,138 shares of the company’s stock worth $7,279,000 after acquiring an additional 33,376 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in Global X S&P 500 Catholic Values ETF by 6.4% during the 1st quarter. Royal Bank of Canada now owns 73,559 shares of the company’s stock worth $5,749,000 after acquiring an additional 4,443 shares during the last quarter.
Global X S&P 500 Catholic Values ETF Price Performance
CATH stock traded up $0.26 during trading hours on Wednesday, reaching $91.82. 35,160 shares of the stock were exchanged, compared to its average volume of 42,809. The firm’s 50-day moving average is $91.31 and its 200-day moving average is $86.95. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 25.57 and a beta of 1.03. Global X S&P 500 Catholic Values ETF has a 12 month low of $75.61 and a 12 month high of $93.05.
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.
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