GMO International Quality ETF (NYSEARCA:QLTI) Short Interest Down 56.3% in September

GMO International Quality ETF (NYSEARCA:QLTI) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 7,300 shares, a decrease of 56.3% from the September 15th total of 16,700 shares. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Parallel Advisors LLC acquired a new position in shares of GMO International Quality ETF during the 2nd quarter worth approximately $50,000. JPMorgan Chase & Co. acquired a new position in shares of GMO International Quality ETF during the 2nd quarter worth approximately $148,000. Finally, Lazard Asset Management LLC acquired a new position in shares of GMO International Quality ETF during the 2nd quarter worth approximately $7,095,000. 61.01% of the stock is owned by institutional investors.

GMO International Quality ETF Stock Up 0.9%

GMO International Quality ETF stock opened at $26.59 on Friday. The stock has a market cap of $79.77 million and a P/E ratio of -39.10. GMO International Quality ETF has a twelve month low of $21.41 and a twelve month high of $26.63. The company’s 50-day moving average price is $25.53 and its two-hundred day moving average price is $25.09.

GMO International Quality ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.105 dividend. This represents a yield of 41.0%. The ex-dividend date of this dividend was Tuesday, September 30th. GMO International Quality ETF’s dividend payout ratio is currently -20.59%.

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.