Short Interest in Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Increases By 885.7%

Posted by Casey Walker on Mar 28th, 2024

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH – Get Free Report) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 6,900 shares, a growth of 885.7% from the February 29th total of 700 shares. Based on an average daily volume of 33,500 shares, the short-interest ratio is presently 0.2 days.

Global X S&P 500 Catholic Values ETF Price Performance

Shares of NASDAQ CATH opened at $63.58 on Thursday. The firm’s 50-day moving average is $61.02 and its two-hundred day moving average is $56.95. The company has a market capitalization of $836.71 million, a PE ratio of 16.67 and a beta of 1.01. Global X S&P 500 Catholic Values ETF has a 12-month low of $48.25 and a 12-month high of $63.77.

Hedge Funds Weigh In On Global X S&P 500 Catholic Values ETF

Institutional investors have recently modified their holdings of the company. Advisory Services Network LLC raised its position in shares of Global X S&P 500 Catholic Values ETF by 235.2% in the first quarter. Advisory Services Network LLC now owns 590 shares of the company’s stock valued at $30,000 after buying an additional 414 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the third quarter valued at approximately $33,000. Citigroup Inc. acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $30,000. Pineridge Advisors LLC acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the fourth quarter valued at approximately $39,000. Finally, Principal Securities Inc. acquired a new position in Global X S&P 500 Catholic Values ETF during the fourth quarter worth approximately $46,000.

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.