Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Sees Large Decline in Short Interest

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 12 shares, a decline of 98.0% from the November 30th total of 613 shares. Based on an average daily volume of 1,720 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,720 shares, the short-interest ratio is presently 0.0 days.

Alpha Architect Global Factor Equity ETF Price Performance

Alpha Architect Global Factor Equity ETF stock traded up $0.08 during midday trading on Wednesday, hitting $30.47. 751 shares of the stock were exchanged, compared to its average volume of 3,185. Alpha Architect Global Factor Equity ETF has a 1 year low of $21.10 and a 1 year high of $30.47. The firm has a market cap of $20.41 million, a P/E ratio of 13.56 and a beta of 0.51. The company has a 50 day moving average price of $29.18 and a two-hundred day moving average price of $28.11.

Alpha Architect Global Factor Equity ETF Company Profile

The Alpha Architect Global Factor Equity ETF (AAVM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund investing primarily in four value- and momentum-oriented ETFs from the issuer. The fund-of-funds uses a proprietary, momentum-driven model to allocate its portfolio AAVM was launched on May 3, 2017 and is issued by Alpha Architect.