Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Shares Shorted: Short Interest Up 55.5% in September

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 104,377 shares, an increase of 55.5% from the September 15th total of 67,140 shares. Based on an average daily trading volume, of 15,752 shares, the days-to-cover ratio is presently 6.6 days. Approximately 1.7% of the company’s stock are short sold.

Institutional Trading of Alpha Architect International Quantitative Value ETF

A hedge fund recently bought a new stake in Alpha Architect International Quantitative Value ETF stock. Sankala Group LLC bought a new position in shares of Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,693 shares of the company’s stock, valued at approximately $494,000. Sankala Group LLC owned about 0.27% of Alpha Architect International Quantitative Value ETF at the end of the most recent quarter.

Alpha Architect International Quantitative Value ETF Stock Performance

Shares of NASDAQ IVAL opened at $36.84 on Friday. The company has a market cap of $224.72 million, a PE ratio of 9.72 and a beta of 0.75. The business has a 50-day simple moving average of $36.75 and a two-hundred day simple moving average of $35.69. Alpha Architect International Quantitative Value ETF has a fifty-two week low of $29.29 and a fifty-two week high of $37.52.

Alpha Architect International Quantitative Value ETF Cuts Dividend

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

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.