Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Significant Decrease in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 18,045 shares, a decrease of 70.6% from the April 30th total of 61,396 shares. Based on an average trading volume of 17,656 shares, the short-interest ratio is currently 1.0 days. Currently, 0.5% of the company’s stock are sold short.

Alpha Architect International Quantitative Momentum ETF Stock Performance

Alpha Architect International Quantitative Momentum ETF stock traded up $0.02 during midday trading on Friday, hitting $45.85. 12,096 shares of the company’s stock were exchanged, compared to its average volume of 22,256. Alpha Architect International Quantitative Momentum ETF has a 12 month low of $31.73 and a 12 month high of $46.17. The firm has a 50-day moving average of $43.24 and a two-hundred day moving average of $41.46. The company has a market cap of $159.10 million, a PE ratio of 23.34 and a beta of 0.95.

Institutional Trading of Alpha Architect International Quantitative Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Baker Boyer National Bank boosted its position in Alpha Architect International Quantitative Momentum ETF by 2.4% during the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock valued at $3,238,000 after acquiring an additional 2,028 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Alpha Architect International Quantitative Momentum ETF during the 3rd quarter valued at $777,000. Worth Asset Management LLC bought a new stake in Alpha Architect International Quantitative Momentum ETF during the 1st quarter valued at $403,000. Finally, Sankala Group LLC bought a new stake in Alpha Architect International Quantitative Momentum ETF during the 4th quarter valued at $353,000.

About Alpha Architect International Quantitative Momentum ETF

The Alpha Architect International Quantitative Momentum ETF (IMOM) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-North America stocks, screened for their strong and consistent momentum. IMOM was launched on Dec 23, 2015 and is issued by Alpha Architect.