Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Up 298.7% in December

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 21,432 shares, a growth of 298.7% from the December 15th total of 5,375 shares. Based on an average daily volume of 16,687 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 16,687 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of Alpha Architect International Quantitative Momentum ETF

An institutional investor recently bought a new position in Alpha Architect International Quantitative Momentum ETF stock. Ethos Financial Group LLC bought a new position in shares of Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 56,337 shares of the company’s stock, valued at approximately $1,913,000. Ethos Financial Group LLC owned 1.75% of Alpha Architect International Quantitative Momentum ETF as of its most recent SEC filing.

Alpha Architect International Quantitative Momentum ETF Stock Performance

Shares of NASDAQ IMOM traded down $0.35 during mid-day trading on Tuesday, reaching $41.02. 11,982 shares of the company’s stock were exchanged, compared to its average volume of 17,442. The company’s 50-day moving average is $38.08 and its 200-day moving average is $36.01. The firm has a market capitalization of $127.16 million, a price-to-earnings ratio of 23.34 and a beta of 0.92. Alpha Architect International Quantitative Momentum ETF has a 52-week low of $24.24 and a 52-week high of $41.42.

Alpha Architect International Quantitative Momentum ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were issued a $0.9636 dividend. The ex-dividend date was Tuesday, December 23rd.

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.