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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 19,100 shares, a growth of 24.0% from the October 15th total of 15,400 shares. Based on an average daily volume of 30,800 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Global X S&P 500 Catholic Values ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Truist Financial Corp increased its holdings in shares of Global X S&P 500 Catholic Values ETF by 119.3% in the second quarter. Truist Financial Corp now owns 207,382 shares of the company’s stock valued at $13,563,000 after purchasing an additional 112,807 shares during the last quarter. Koss Olinger Consulting LLC bought a new position in Global X S&P 500 Catholic Values ETF in the 2nd quarter valued at about $2,949,000. Foundations Investment Advisors LLC acquired a new stake in Global X S&P 500 Catholic Values ETF during the second quarter worth approximately $758,000. Fund Evaluation Group LLC grew its position in shares of Global X S&P 500 Catholic Values ETF by 2.8% in the second quarter. Fund Evaluation Group LLC now owns 397,928 shares of the company’s stock valued at $26,024,000 after purchasing an additional 10,909 shares during the last quarter. Finally, First Bank & Trust increased its stake in shares of Global X S&P 500 Catholic Values ETF by 12.3% during the third quarter. First Bank & Trust now owns 89,562 shares of the company’s stock worth $6,215,000 after purchasing an additional 9,840 shares during the period.

Global X S&P 500 Catholic Values ETF Price Performance

CATH stock traded down $0.77 during midday trading on Friday, hitting $71.24. The company’s stock had a trading volume of 21,347 shares, compared to its average volume of 31,709. The company’s fifty day moving average price is $69.37 and its 200 day moving average price is $66.58. Global X S&P 500 Catholic Values ETF has a twelve month low of $54.81 and a twelve month high of $72.81. The stock has a market capitalization of $932.53 million, a P/E ratio of 25.83 and a beta of 1.01.

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.