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

by · The Cerbat Gem

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 15,400 shares, a drop of 13.5% from the September 30th total of 17,800 shares. Based on an average trading volume of 30,900 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CATH. Jacobi Capital Management LLC purchased a new stake in shares of Global X S&P 500 Catholic Values ETF in the 1st quarter worth $318,000. Foundations Investment Advisors LLC grew its holdings in Global X S&P 500 Catholic Values ETF by 17.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 13,649 shares of the company’s stock worth $947,000 after acquiring an additional 2,061 shares in the last quarter. Comerica Bank increased its position in Global X S&P 500 Catholic Values ETF by 0.4% during the 1st quarter. Comerica Bank now owns 41,352 shares of the company’s stock valued at $2,632,000 after purchasing an additional 165 shares during the period. Commonwealth Equity Services LLC increased its position in Global X S&P 500 Catholic Values ETF by 8.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 29,978 shares of the company’s stock valued at $1,961,000 after purchasing an additional 2,380 shares during the period. Finally, HHM Wealth Advisors LLC raised its holdings in shares of Global X S&P 500 Catholic Values ETF by 7.6% in the 2nd quarter. HHM Wealth Advisors LLC now owns 4,561 shares of the company’s stock valued at $298,000 after purchasing an additional 324 shares in the last quarter.

Global X S&P 500 Catholic Values ETF Price Performance

Shares of NASDAQ:CATH traded up $0.01 on Wednesday, hitting $70.33. 7,116 shares of the company’s stock were exchanged, compared to its average volume of 30,113. The business’s 50 day simple moving average is $68.44 and its two-hundred day simple moving average is $65.80. The stock has a market capitalization of $920.62 million, a price-to-earnings ratio of 25.83 and a beta of 1.01. Global X S&P 500 Catholic Values ETF has a 12 month low of $50.48 and a 12 month high of $70.74.

Global X S&P 500 Catholic Values ETF Company Profile

(Get Free Report)

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.

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