Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Decreases By 39.7%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 10,686 shares, a decrease of 39.7% from the July 30th total of 17,710 shares. Based on an average daily trading volume, of 15,419 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Alpha Architect International Quantitative Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF during the 3rd quarter worth approximately $777,000. Worth Asset Management LLC acquired a new stake in Alpha Architect International Quantitative Momentum ETF during the 1st quarter worth $403,000. Sankala Group LLC acquired a new stake in Alpha Architect International Quantitative Momentum ETF during the 4th quarter worth $353,000. Finally, Baker Boyer National Bank raised its position in shares of 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 during the last quarter.

Alpha Architect International Quantitative Momentum ETF Stock Performance

Shares of NASDAQ IMOM traded down $0.75 during mid-day trading on Tuesday, hitting $40.60. 9,374 shares of the stock were exchanged, compared to its average volume of 19,436. Alpha Architect International Quantitative Momentum ETF has a twelve month low of $33.92 and a twelve month high of $46.17. The stock’s fifty day simple moving average is $41.65 and its two-hundred day simple moving average is $42.75. The company has a market cap of $155.50 million, a P/E ratio of 23.34 and a beta of 0.95.

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.