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) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,400 shares, a decrease of 84.4% from the March 31st total of 9,000 shares. Based on an average daily volume of 31,100 shares, the short-interest ratio is presently 0.0 days.

Global X S&P 500 Catholic Values ETF Trading Down 0.3 %

NASDAQ:CATH traded down $0.21 on Thursday, hitting $61.14. The company had a trading volume of 24,358 shares, compared to its average volume of 31,533. The stock has a market capitalization of $805.83 million, a price-to-earnings ratio of 25.18 and a beta of 1.01. The firm has a 50 day moving average of $62.01 and a two-hundred day moving average of $58.23. Global X S&P 500 Catholic Values ETF has a 52 week low of $49.45 and a 52 week high of $63.77.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in CATH. Cullen Frost Bankers Inc. acquired a new position in Global X S&P 500 Catholic Values ETF in the 3rd quarter valued at approximately $33,000. Pineridge Advisors LLC acquired a new position in Global X S&P 500 Catholic Values ETF in the 4th quarter valued at approximately $39,000. Principal Securities Inc. acquired a new position in Global X S&P 500 Catholic Values ETF in the 4th quarter valued at approximately $46,000. UMB Bank n.a. acquired a new position in Global X S&P 500 Catholic Values ETF in the 3rd quarter valued at approximately $126,000. Finally, Planning Alternatives Ltd. ADV acquired a new position in Global X S&P 500 Catholic Values ETF in the 4th quarter valued at approximately $200,000.

Global X S&P 500 Catholic Values ETF Company Profile

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.