Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Sees Large Increase in Short Interest

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 50,027 shares, a growth of 145.4% from the May 31st total of 20,386 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 25,115 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On Alpha Architect International Quantitative Value ETF

A hedge fund recently bought a new position in Alpha Architect International Quantitative Value ETF stock. Sankala Group LLC purchased a new position in Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,693 shares of the company’s stock, valued at approximately $494,000. Sankala Group LLC owned approximately 0.27% of Alpha Architect International Quantitative Value ETF as of its most recent SEC filing.

Alpha Architect International Quantitative Value ETF Stock Down 1.2%

IVAL stock traded down $0.40 during midday trading on Monday, hitting $34.17. The company’s stock had a trading volume of 2,591 shares, compared to its average volume of 16,919. Alpha Architect International Quantitative Value ETF has a 12 month low of $27.26 and a 12 month high of $36.80. The company has a 50 day moving average of $35.12 and a two-hundred day moving average of $34.17. The firm has a market capitalization of $203.31 million, a price-to-earnings ratio of 9.72 and a beta of 0.73.

Alpha Architect International Quantitative Value ETF Company Profile

The Alpha Architect International Quantitative Value ETF (IVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality. IVAL was launched on Dec 17, 2014 and is issued by Alpha Architect.