Short Interest in GMO International Quality ETF (NYSEARCA:QLTI) Decreases By 45.7%

GMO International Quality ETF (NYSEARCA:QLTI) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,716 shares, a decrease of 45.7% from the July 30th total of 3,163 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 19,443 shares, the short-interest ratio is currently 0.1 days.

GMO International Quality ETF Trading Down 0.5%

Shares of GMO International Quality ETF stock traded down $0.15 during mid-day trading on Monday, hitting $27.75. 4,143 shares of the stock were exchanged, compared to its average volume of 28,669. The stock has a market capitalization of $299.70 million, a price-to-earnings ratio of -40.81 and a beta of 0.50. GMO International Quality ETF has a twelve month low of $24.22 and a twelve month high of $28.20. The company has a 50-day simple moving average of $27.24 and a 200 day simple moving average of $26.60.

Institutional Trading of GMO International Quality ETF

Hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC grew its position in shares of GMO International Quality ETF by 143.2% in the fourth quarter. Lazard Asset Management LLC now owns 1,523,733 shares of the company’s stock valued at $40,531,000 after purchasing an additional 897,193 shares during the period. Moneta Group Investment Advisors LLC acquired a new position in GMO International Quality ETF in the fourth quarter valued at $1,221,000. RPS Advisory Solutions LLC purchased a new position in GMO International Quality ETF during the fourth quarter worth about $425,000. JPMorgan Chase & Co. lifted its position in GMO International Quality ETF by 142.3% during the third quarter. JPMorgan Chase & Co. now owns 13,952 shares of the company’s stock worth $356,000 after buying an additional 8,193 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its stake in GMO International Quality ETF by 28.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,447 shares of the company’s stock worth $526,000 after buying an additional 4,314 shares during the last quarter. Institutional investors and hedge funds own 61.01% of the company’s stock.

About GMO International Quality ETF

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.