Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Stock Short Interest Drops 46.9%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 15,527 shares, a decrease of 46.9% from the August 31st total of 29,216 shares. Based on an average trading volume of 11,843 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Alpha Architect International Quantitative Momentum ETF

A hedge fund recently bought a new position in Alpha Architect International Quantitative Momentum ETF stock. Sankala Group LLC purchased a new position in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 9,260 shares of the company’s stock, valued at approximately $353,000. Sankala Group LLC owned approximately 0.28% of Alpha Architect International Quantitative Momentum ETF at the end of the most recent reporting period.

Alpha Architect International Quantitative Momentum ETF Stock Performance

Shares of IMOM traded down $0.09 on Wednesday, reaching $40.35. The stock had a trading volume of 17,965 shares, compared to its average volume of 18,712. The firm has a market capitalization of $154.56 million, a price-to-earnings ratio of 23.34 and a beta of 0.95. The company has a 50-day simple moving average of $41.01 and a 200-day simple moving average of $42.32. Alpha Architect International Quantitative Momentum ETF has a 12-month low of $35.33 and a 12-month high of $46.17.

Alpha Architect International Quantitative Momentum ETF Company Profile

(Get Free Report)

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.

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