GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Update

GMO International Quality ETF (NYSEARCA:QLTI) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 44,970 shares, an increase of 220.6% from the January 29th total of 14,029 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 62,598 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 62,598 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.5% of the shares of the company are short sold.

GMO International Quality ETF Price Performance

Shares of GMO International Quality ETF stock traded up $0.02 on Friday, reaching $28.05. 417,233 shares of the company traded hands, compared to its average volume of 41,288. The firm has a market capitalization of $274.89 million, a PE ratio of -41.25 and a beta of 0.98. GMO International Quality ETF has a 52 week low of $21.41 and a 52 week high of $28.15. The company has a 50 day moving average of $27.30 and a 200 day moving average of $26.28.

GMO International Quality ETF Dividend Announcement

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

Institutional Investors Weigh In On GMO International Quality ETF

Institutional investors have recently added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. bought a new stake in GMO International Quality ETF in the 4th quarter worth $39,000. Parallel Advisors LLC grew its stake in shares of GMO International Quality ETF by 41.4% in the third quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock worth $70,000 after purchasing an additional 802 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in GMO International Quality ETF during the 2nd quarter valued at about $148,000. Dynamic Advisor Solutions LLC purchased a new position in GMO International Quality ETF during the 4th quarter valued at about $314,000. Finally, RPS Advisory Solutions LLC bought a new position in GMO International Quality ETF during the 4th quarter valued at approximately $425,000. Hedge funds and other institutional investors own 61.01% of the company’s stock.

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.