Short Interest in GMO International Quality ETF (NYSEARCA:QLTI) Decreases By 54.7%

GMO International Quality ETF (NYSEARCA:QLTI) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 14,029 shares, a decrease of 54.7% from the January 15th total of 30,974 shares. Based on an average trading volume of 19,624 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 19,624 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On GMO International Quality ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC grew its position in shares of GMO International Quality ETF by 41.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock valued at $70,000 after acquiring an additional 802 shares during the period. JPMorgan Chase & Co. acquired a new stake in GMO International Quality ETF in the 2nd quarter valued at about $148,000. Dynamic Advisor Solutions LLC bought a new position in GMO International Quality ETF during the fourth quarter worth about $314,000. RPS Advisory Solutions LLC acquired a new position in GMO International Quality ETF during the fourth quarter worth approximately $425,000. Finally, Moneta Group Investment Advisors LLC bought a new stake in GMO International Quality ETF in the fourth quarter valued at approximately $1,221,000. 61.01% of the stock is currently owned by institutional investors and hedge funds.

GMO International Quality ETF Trading Down 0.6%

Shares of NYSEARCA QLTI traded down $0.16 during mid-day trading on Thursday, reaching $27.52. 21,061 shares of the company’s stock were exchanged, compared to its average volume of 35,330. GMO International Quality ETF has a twelve month low of $21.41 and a twelve month high of $27.93. The firm has a market capitalization of $269.70 million, a price-to-earnings ratio of -40.47 and a beta of 0.98. The business has a fifty day simple moving average of $26.94 and a 200 day simple moving average of $26.05.

GMO International Quality ETF Dividend Announcement

The business also recently declared a special dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.0326 dividend. The ex-dividend date was Tuesday, December 30th. GMO International Quality ETF’s dividend payout ratio is -19.12%.

About GMO International Quality ETF

The GMO International Quality ETF (QLTI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in non-US equities that the adviser deems to be high quality. The fund focuses on companies with strong cash flows, targeting investments with high return potential. QLTI was launched on Oct 28, 2024 and is issued by GMO.