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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 17,500 shares, a decline of 39.7% from the January 31st total of 29,000 shares. Based on an average trading volume of 41,900 shares, the short-interest ratio is presently 0.4 days.

Global X S&P 500 Catholic Values ETF Stock Up 1.5 %

Global X S&P 500 Catholic Values ETF stock opened at $71.64 on Friday. Global X S&P 500 Catholic Values ETF has a 12-month low of $59.85 and a 12-month high of $74.20. The stock has a 50-day simple moving average of $72.38 and a 200 day simple moving average of $70.76. The stock has a market capitalization of $922.72 million, a price-to-earnings ratio of 27.21 and a beta of 1.02.

Global X S&P 500 Catholic Values ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a $0.4052 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CATH. OneDigital Investment Advisors LLC grew its holdings in Global X S&P 500 Catholic Values ETF by 1.9% during the 4th quarter. OneDigital Investment Advisors LLC now owns 10,977 shares of the company’s stock worth $778,000 after acquiring an additional 200 shares during the period. Firestone Capital Management grew its stake in shares of Global X S&P 500 Catholic Values ETF by 3.2% during the fourth quarter. Firestone Capital Management now owns 6,612 shares of the company’s stock worth $468,000 after purchasing an additional 205 shares during the period. Financial Advocates Investment Management grew its stake in shares of Global X S&P 500 Catholic Values ETF by 5.6% during the fourth quarter. Financial Advocates Investment Management now owns 3,908 shares of the company’s stock worth $277,000 after purchasing an additional 207 shares during the period. Atlanta Consulting Group Advisors LLC increased its holdings in Global X S&P 500 Catholic Values ETF by 0.6% in the fourth quarter. Atlanta Consulting Group Advisors LLC now owns 38,217 shares of the company’s stock valued at $2,707,000 after purchasing an additional 217 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its stake in Global X S&P 500 Catholic Values ETF by 3.3% in the third quarter. Focus Financial Network Inc. now owns 7,054 shares of the company’s stock valued at $489,000 after buying an additional 225 shares during the period.

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.