Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Sees Large Decrease in Short Interest

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totalling 17,800 shares, a decline of 6.3% from the September 15th total of 19,000 shares. Based on an average daily volume of 32,400 shares, the short-interest ratio is presently 0.5 days.

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

Institutional investors have recently added to or reduced their stakes in the stock. Lynx Investment Advisory acquired a new position in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $69,000. Shaker Investments LLC OH acquired a new position in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $200,000. Alliance Wealth Advisors LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the 3rd quarter valued at about $204,000. Pioneer Wealth Management Group acquired a new position in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $227,000. Finally, PFG Investments LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $237,000.

Global X S&P 500 Catholic Values ETF Price Performance

Shares of CATH traded up $0.10 during midday trading on Thursday, reaching $70.43. 7,332 shares of the stock were exchanged, compared to its average volume of 30,850. The business’s 50-day moving average price is $67.60 and its 200 day moving average price is $65.31. Global X S&P 500 Catholic Values ETF has a twelve month low of $49.89 and a twelve month high of $70.74. The company has a market capitalization of $921.93 million, a price-to-earnings ratio of 25.83 and a beta of 1.01.

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.