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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 73,642 shares, a growth of 70.2% from the August 31st total of 43,268 shares. Based on an average trading volume of 26,565 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Trading of Global X S&P 500 Catholic Values ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Assetmark Inc. grew its position in shares of Global X S&P 500 Catholic Values ETF by 91.7% in the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after acquiring an additional 200 shares in the last quarter. Acorn Wealth Advisors LLC acquired a new stake in shares of Global X S&P 500 Catholic Values ETF during the 2nd quarter valued at approximately $217,000. Pittenger & Anderson Inc. lifted its stake in Global X S&P 500 Catholic Values ETF by 6.7% during the first quarter. Pittenger & Anderson Inc. now owns 2,770 shares of the company’s stock worth $216,000 after purchasing an additional 175 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in Global X S&P 500 Catholic Values ETF during the first quarter worth $282,000. Finally, Convergence Financial LLC boosted its holdings in Global X S&P 500 Catholic Values ETF by 16.1% in the fourth quarter. Convergence Financial LLC now owns 3,846 shares of the company’s stock worth $316,000 after purchasing an additional 534 shares during the period.

Global X S&P 500 Catholic Values ETF Trading Up 0.6%

CATH stock traded up $0.51 during mid-day trading on Wednesday, hitting $91.31. 3,463 shares of the company were exchanged, compared to its average volume of 42,503. The firm has a fifty day simple moving average of $90.77 and a 200 day simple moving average of $87.61. The company has a market capitalization of $1.37 billion, a PE ratio of 25.57 and a beta of 1.02. Global X S&P 500 Catholic Values ETF has a twelve month low of $75.61 and a twelve 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.