Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Large Decline in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 18,045 shares, a decline of 70.6% from the April 30th total of 61,396 shares. Based on an average trading volume of 17,656 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Trading of Alpha Architect International Quantitative Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Worth Asset Management LLC purchased a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the 1st quarter valued at approximately $403,000. Sankala Group LLC purchased a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the 4th quarter valued at approximately $353,000. Baker Boyer National Bank raised its stake in shares of 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 valued at $3,238,000 after acquiring an additional 2,028 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the 3rd quarter valued at approximately $777,000.

Alpha Architect International Quantitative Momentum ETF Stock Up 0.2%

NASDAQ IMOM opened at $45.83 on Friday. Alpha Architect International Quantitative Momentum ETF has a 52 week low of $31.73 and a 52 week high of $46.17. The business’s fifty day simple moving average is $43.15 and its 200-day simple moving average is $41.40. The firm has a market cap of $159.03 million, a PE ratio of 23.34 and a beta of 0.95.

Alpha Architect International Quantitative Momentum ETF Company Profile

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.