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

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,946 shares, an increase of 192.6% from the August 15th total of 665 shares. Based on an average daily volume of 369 shares, the short-interest ratio is presently 5.3 days. Currently, 0.3% of the company’s shares are short sold.

Alpha Architect Global Factor Equity ETF Stock Down 0.8%

Alpha Architect Global Factor Equity ETF stock traded down $0.26 during midday trading on Monday, reaching $34.08. The stock had a trading volume of 67 shares, compared to its average volume of 2,515. The firm has a market cap of $25.56 million, a price-to-earnings ratio of 13.56 and a beta of 0.56. Alpha Architect Global Factor Equity ETF has a 52-week low of $27.98 and a 52-week high of $35.01. The company has a fifty day moving average of $34.05 and a 200 day moving average of $33.50.

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.