GMO International Value ETF (NYSEARCA:GMOI) Short Interest Down 74.4% in June

GMO International Value ETF (NYSEARCA:GMOI) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 40,171 shares, a decrease of 74.4% from the May 31st total of 157,049 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 72,607 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On GMO International Value ETF

Several institutional investors have recently bought and sold shares of GMOI. Maltin Wealth Management Inc. lifted its holdings in shares of GMO International Value ETF by 9.5% during the 4th quarter. Maltin Wealth Management Inc. now owns 159,910 shares of the company’s stock valued at $5,370,000 after purchasing an additional 13,839 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in GMO International Value ETF by 66.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 52,060 shares of the company’s stock worth $1,748,000 after buying an additional 20,839 shares during the last quarter. Fidelity D & D Bancorp Inc. purchased a new position in GMO International Value ETF during the 4th quarter worth $14,370,000. HighTower Advisors LLC increased its position in GMO International Value ETF by 30.0% during the 4th quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock valued at $24,204,000 after buying an additional 166,129 shares in the last quarter. Finally, Orcam Financial Group acquired a new position in GMO International Value ETF during the 4th quarter valued at about $485,000.

GMO International Value ETF Trading Down 0.3%

Shares of NYSEARCA:GMOI traded down $0.10 during trading on Friday, reaching $37.39. The stock had a trading volume of 44,425 shares, compared to its average volume of 92,050. The firm’s 50-day simple moving average is $37.76 and its 200 day simple moving average is $36.39. GMO International Value ETF has a one year low of $29.00 and a one year high of $38.67. The company has a market capitalization of $441.20 million, a P/E ratio of 10.16 and a beta of 0.18.

About GMO International Value ETF

The GMO International Value ETF (GMOI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in international equity markets. The fund aims to capitalize on perceived market dislocations, using proprietary methods to identify undervalued equities with positive return potential GMOI was launched on Oct 28, 2024 and is issued by GMO.