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

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 19,000 shares, an increase of 45.0% from the August 31st total of 13,100 shares. Based on an average daily volume of 30,800 shares, the short-interest ratio is presently 0.6 days.

Global X S&P 500 Catholic Values ETF Stock Performance

NASDAQ:CATH traded down $0.08 during mid-day trading on Friday, hitting $68.99. The company had a trading volume of 10,429 shares, compared to its average volume of 31,704. Global X S&P 500 Catholic Values ETF has a fifty-two week low of $49.89 and a fifty-two week high of $69.33. The firm has a market cap of $929.99 million, a P/E ratio of 25.83 and a beta of 1.01. The business’s fifty day moving average is $66.36 and its two-hundred day moving average is $64.67.

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

Hedge funds have recently modified their holdings of the company. Dana Investment Advisors Inc. raised its holdings in Global X S&P 500 Catholic Values ETF by 14.9% in the second quarter. Dana Investment Advisors Inc. now owns 4,788 shares of the company’s stock worth $313,000 after purchasing an additional 620 shares during the period. Truist Financial Corp raised its stake in Global X S&P 500 Catholic Values ETF by 119.3% during the 2nd quarter. Truist Financial Corp now owns 207,382 shares of the company’s stock worth $13,563,000 after buying an additional 112,807 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Global X S&P 500 Catholic Values ETF by 7.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,848 shares of the company’s stock valued at $1,363,000 after acquiring an additional 1,376 shares during the period. Bridges Investment Management Inc. bought a new stake in shares of Global X S&P 500 Catholic Values ETF in the second quarter worth about $247,000. Finally, HHM Wealth Advisors LLC raised its position in shares of Global X S&P 500 Catholic Values ETF by 7.6% during the second quarter. HHM Wealth Advisors LLC now owns 4,561 shares of the company’s stock worth $298,000 after purchasing an additional 324 shares during the period.

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.