Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 4,798 shares, a decrease of 49.0% from the March 15th total of 9,404 shares. Based on an average trading volume of 17,513 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Sankala Group LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the fourth quarter valued at $353,000. Flow Traders U.S. LLC purchased a new stake in Alpha Architect International Quantitative Momentum ETF during the third quarter worth about $777,000. Finally, Baker Boyer National Bank lifted its position in shares of Alpha Architect International Quantitative Momentum ETF by 2.4% during the fourth 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 in the last quarter.
Alpha Architect International Quantitative Momentum ETF Price Performance
Shares of NASDAQ:IMOM traded up $0.45 during midday trading on Wednesday, reaching $43.96. 1,275 shares of the company’s stock were exchanged, compared to its average volume of 23,819. The stock has a market cap of $149.46 million, a price-to-earnings ratio of 23.34 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a fifty-two week low of $28.12 and a fifty-two week high of $45.40. The firm’s 50 day simple moving average is $42.26 and its two-hundred day simple moving average is $39.64.
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.
Further Reading
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