GMO International Quality ETF (NYSEARCA:QLTI) Sees Significant Increase in Short Interest

GMO International Quality ETF (NYSEARCA:QLTI) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 5,735 shares, a growth of 333.2% from the May 31st total of 1,324 shares. Based on an average trading volume of 11,633 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in GMO International Quality ETF in the second quarter valued at approximately $148,000. Lazard Asset Management LLC acquired a new position in shares of GMO International Quality ETF in the 2nd quarter valued at $7,095,000. Parallel Advisors LLC raised its position in 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 during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in GMO International Quality ETF in the 4th quarter valued at $314,000. Finally, Perigon Wealth Management LLC raised its position in GMO International Quality ETF by 24.4% in the 4th quarter. Perigon Wealth Management LLC now owns 178,446 shares of the company’s stock valued at $4,747,000 after purchasing an additional 34,995 shares during the last quarter. Institutional investors and hedge funds own 61.01% of the company’s stock.

GMO International Quality ETF Stock Performance

Shares of QLTI stock traded up $0.03 during mid-day trading on Friday, hitting $26.74. 35,430 shares of the stock were exchanged, compared to its average volume of 31,923. The stock’s fifty day simple moving average is $26.30 and its two-hundred day simple moving average is $26.49. The stock has a market capitalization of $288.79 million, a price-to-earnings ratio of -39.32 and a beta of 0.53. GMO International Quality ETF has a 12-month low of $24.21 and a 12-month high of $28.15.

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.