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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 29,537 shares, a drop of 36.1% from the April 15th total of 46,254 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 33,871 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bradley Foster & Sargent Inc. CT lifted its position in Global X S&P 500 Catholic Values ETF by 2.3% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 29,024 shares of the company’s stock worth $2,268,000 after buying an additional 662 shares in the last quarter. Sei Investments Co. lifted its position in Global X S&P 500 Catholic Values ETF by 4.7% during the 1st quarter. Sei Investments Co. now owns 51,374 shares of the company’s stock worth $4,015,000 after buying an additional 2,323 shares in the last quarter. Cetera Investment Advisers lifted its position in Global X S&P 500 Catholic Values ETF by 33.0% during the 1st quarter. Cetera Investment Advisers now owns 10,456 shares of the company’s stock worth $817,000 after buying an additional 2,597 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new position in Global X S&P 500 Catholic Values ETF during the 1st quarter worth about $381,000. Finally, Assetmark Inc. lifted its position in Global X S&P 500 Catholic Values ETF by 91.7% during the 1st quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $33,000 after buying an additional 200 shares in the last quarter.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of NASDAQ CATH traded down $0.18 during mid-day trading on Monday, hitting $88.37. 17,195 shares of the stock were exchanged, compared to its average volume of 40,983. The company has a market cap of $1.24 billion, a P/E ratio of 25.57 and a beta of 1.03. The stock’s fifty day simple moving average is $82.65 and its two-hundred day simple moving average is $82.58. Global X S&P 500 Catholic Values ETF has a twelve month low of $70.39 and a twelve month high of $89.69.

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.