Short Interest in GMO International Value ETF (NYSEARCA:GMOI) Expands By 68.7%

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 113,009 shares, an increase of 68.7% from the November 30th total of 66,982 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 41,392 shares, the days-to-cover ratio is presently 2.7 days. Based on an average daily trading volume, of 41,392 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GMO International Value ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of GMO International Value ETF (NYSEARCA:GMOI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 15,284 shares of the company’s stock, valued at approximately $475,000. Sunbelt Securities Inc. owned about 0.26% of GMO International Value ETF at the end of the most recent reporting period.

GMO International Value ETF Trading Up 0.1%

GMO International Value ETF stock traded up $0.04 during mid-day trading on Friday, hitting $34.10. The company’s stock had a trading volume of 37,297 shares, compared to its average volume of 44,684. The stock’s fifty day moving average is $32.37 and its two-hundred day moving average is $31.04. The firm has a market capitalization of $201.19 million, a PE ratio of 10.16 and a beta of 0.90. GMO International Value ETF has a 1 year low of $23.36 and a 1 year high of $34.30.

GMO International Value ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.57 per share. This represents a dividend yield of 184.0%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.