Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) Short Interest Up 295.2% in June

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 24,900 shares, an increase of 295.2% from the May 31st total of 6,300 shares. Based on an average daily trading volume, of 28,200 shares, the days-to-cover ratio is presently 0.9 days.

Global X S&P 500 Catholic Values ETF Stock Down 0.5 %

NASDAQ:CATH traded down $0.30 during trading hours on Friday, hitting $65.40. 24,014 shares of the stock were exchanged, compared to its average volume of 31,042. The company’s 50 day moving average is $63.67 and its two-hundred day moving average is $61.48. Global X S&P 500 Catholic Values ETF has a twelve month low of $49.89 and a twelve month high of $66.44. The company has a market capitalization of $863.28 million, a P/E ratio of 25.83 and a beta of 1.01.

Global X S&P 500 Catholic Values ETF Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 27th will be issued a dividend of $0.2654 per share. The ex-dividend date is Thursday, June 27th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Pineridge Advisors LLC acquired a new position in shares of Global X S&P 500 Catholic Values ETF in the 4th quarter valued at $39,000. Principal Securities Inc. bought a new position in shares of Global X S&P 500 Catholic Values ETF in the 4th quarter worth $46,000. UMB Bank n.a. boosted its position in shares of Global X S&P 500 Catholic Values ETF by 33.3% in the 4th quarter. UMB Bank n.a. now owns 3,200 shares of the company’s stock worth $186,000 after purchasing an additional 800 shares during the last quarter. Planning Alternatives Ltd. ADV bought a new position in shares of Global X S&P 500 Catholic Values ETF in the 4th quarter worth $200,000. Finally, Cozad Asset Management Inc. bought a new position in shares of Global X S&P 500 Catholic Values ETF in the 4th quarter worth $210,000.

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.