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

Institutional Investors Weigh In On Global X S&P 500 Catholic Values ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MCF Advisors LLC raised its position in Global X S&P 500 Catholic Values ETF by 0.9% during the fourth quarter. MCF Advisors LLC now owns 19,477 shares of the company’s stock valued at $1,129,000 after purchasing an additional 182 shares in the last quarter. Firestone Capital Management raised its position in Global X S&P 500 Catholic Values ETF by 3.8% during the fourth quarter. Firestone Capital Management now owns 5,682 shares of the company’s stock valued at $330,000 after purchasing an additional 210 shares in the last quarter. MJP Associates Inc. ADV grew its stake in shares of Global X S&P 500 Catholic Values ETF by 3.7% during the first quarter. MJP Associates Inc. ADV now owns 6,135 shares of the company’s stock worth $390,000 after buying an additional 219 shares during the last quarter. McClarren Financial Advisors Inc. grew its stake in shares of Global X S&P 500 Catholic Values ETF by 2.8% during the fourth quarter. McClarren Financial Advisors Inc. now owns 8,148 shares of the company’s stock worth $473,000 after buying an additional 221 shares during the last quarter. Finally, Firethorn Wealth Partners LLC grew its stake in shares of Global X S&P 500 Catholic Values ETF by 3.1% during the fourth quarter. Firethorn Wealth Partners LLC now owns 8,540 shares of the company’s stock worth $495,000 after buying an additional 259 shares during the last quarter.

Global X S&P 500 Catholic Values ETF Stock Performance

Shares of NASDAQ CATH traded up $0.51 during midday trading on Friday, reaching $61.65. The company’s stock had a trading volume of 23,647 shares, compared to its average volume of 31,435. Global X S&P 500 Catholic Values ETF has a fifty-two week low of $49.45 and a fifty-two week high of $63.77. The business’s 50 day moving average price is $62.01 and its two-hundred day moving average price is $58.23. The company has a market cap of $812.55 million, a P/E ratio of 25.18 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.