Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Update

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 29,216 shares, a growth of 173.4% from the August 15th total of 10,686 shares. Based on an average trading volume of 12,173 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.8% of the company’s stock are short sold.

Alpha Architect International Quantitative Momentum ETF Stock Down 1.9%

IMOM traded down $0.77 during midday trading on Monday, hitting $40.30. 11,556 shares of the company traded hands, compared to its average volume of 19,155. The company’s 50-day moving average is $41.23 and its 200 day moving average is $42.53. Alpha Architect International Quantitative Momentum ETF has a 52 week low of $35.27 and a 52 week high of $46.17. The firm has a market capitalization of $122.50 million, a PE ratio of 23.34 and a beta of 0.95.

Institutional Investors Weigh In On Alpha Architect International Quantitative Momentum ETF

A hedge fund recently bought a new stake in Alpha Architect International Quantitative Momentum ETF stock. Sankala Group LLC acquired a new position in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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 as of its most recent SEC filing.

Alpha Architect International Quantitative Momentum ETF Company Profile

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.