Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Sees Large Decrease in Short Interest

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 13,703 shares, a drop of 82.8% from the October 15th total of 79,755 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 10,336 shares, the days-to-cover ratio is currently 1.3 days.

Alpha Architect International Quantitative Value ETF Price Performance

IVAL traded up $0.05 on Thursday, reaching $36.84. The company’s stock had a trading volume of 5,059 shares, compared to its average volume of 17,375. The stock has a market cap of $228.41 million, a price-to-earnings ratio of 10.88 and a beta of 0.76. Alpha Architect International Quantitative Value ETF has a 1 year low of $29.29 and a 1 year high of $37.52. The business’s 50 day moving average is $36.64 and its 200 day moving average is $35.57.

Alpha Architect International Quantitative Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.2068 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 2.2%. This is a negative change from Alpha Architect International Quantitative Value ETF’s previous quarterly dividend of $0.3985. The ex-dividend date was Monday, September 28th.

About Alpha Architect International Quantitative Value ETF

The Alpha Architect International Quantitative Value ETF (IVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality. IVAL was launched on Dec 17, 2014 and is issued by Alpha Architect.