GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Down 85.7% in April

GMO International Quality ETF (NYSEARCA:QLTI) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 2,029 shares, a drop of 85.7% from the March 31st total of 14,142 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,706 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. acquired a new position in GMO International Quality ETF during the 4th quarter worth approximately $39,000. Parallel Advisors LLC grew its holdings in GMO International Quality ETF by 41.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock worth $70,000 after acquiring an additional 802 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in GMO International Quality ETF during the 2nd quarter worth approximately $148,000. Dynamic Advisor Solutions LLC acquired a new position in GMO International Quality ETF during the 4th quarter worth approximately $314,000. Finally, RPS Advisory Solutions LLC acquired a new position in GMO International Quality ETF during the 4th quarter worth approximately $425,000. Institutional investors and hedge funds own 61.01% of the company’s stock.

GMO International Quality ETF Trading Up 1.3%

NYSEARCA:QLTI traded up $0.34 during midday trading on Friday, reaching $26.16. The company had a trading volume of 10,312 shares, compared to its average volume of 35,814. The firm has a market capitalization of $282.53 million, a price-to-earnings ratio of -38.47 and a beta of 0.59. The stock’s fifty day simple moving average is $26.15 and its 200-day simple moving average is $26.36. GMO International Quality ETF has a 12-month low of $24.10 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.