Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Update

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 11,047 shares, a drop of 44.0% from the June 15th total of 19,711 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 11,259 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Alpha Architect International Quantitative Momentum ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in Alpha Architect International Quantitative Momentum ETF during the third quarter valued at $777,000. Baker Boyer National Bank raised its holdings in Alpha Architect International Quantitative Momentum ETF by 2.4% in the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock worth $3,238,000 after purchasing an additional 2,028 shares during the period. Sankala Group LLC purchased a new position in Alpha Architect International Quantitative Momentum ETF during the fourth quarter worth approximately $353,000. Finally, Worth Asset Management LLC purchased a new position in Alpha Architect International Quantitative Momentum ETF during the first quarter worth approximately $403,000.

Alpha Architect International Quantitative Momentum ETF Price Performance

NASDAQ:IMOM traded down $0.74 during trading hours on Friday, reaching $40.65. The company had a trading volume of 8,359 shares, compared to its average volume of 20,595. Alpha Architect International Quantitative Momentum ETF has a 1-year low of $32.63 and a 1-year high of $46.17. The business’s 50 day moving average price is $43.88 and its 200-day moving average price is $42.76. The firm has a market cap of $152.44 million, a PE 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.