GMO International Value ETF (NYSEARCA:GMOI – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 43,880 shares, a growth of 62.1% from the June 30th total of 27,069 shares. Based on an average trading volume of 46,653 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the company’s stock are sold short.
Hedge Funds Weigh In On GMO International Value ETF
A number of institutional investors and hedge funds have recently modified their holdings of the company. HighTower Advisors LLC increased its holdings in GMO International Value ETF by 30.0% in the fourth quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock valued at $24,204,000 after buying an additional 166,129 shares during the last quarter. Fidelity D & D Bancorp Inc. lifted its holdings in GMO International Value ETF by 4.0% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 445,242 shares of the company’s stock worth $16,131,000 after buying an additional 17,305 shares during the last quarter. Maltin Wealth Management Inc. boosted its position in shares of GMO International Value ETF by 63.7% during the 1st quarter. Maltin Wealth Management Inc. now owns 261,797 shares of the company’s stock worth $9,485,000 after acquiring an additional 101,887 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of GMO International Value ETF by 66.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 52,060 shares of the company’s stock worth $1,748,000 after acquiring an additional 20,839 shares in the last quarter. Finally, LPL Financial LLC acquired a new position in shares of GMO International Value ETF during the 4th quarter worth about $1,065,000.
GMO International Value ETF Stock Down 0.8%
NYSEARCA GMOI traded down $0.34 on Friday, hitting $40.32. 125,879 shares of the stock were exchanged, compared to its average volume of 94,681. GMO International Value ETF has a fifty-two week low of $29.06 and a fifty-two week high of $40.68. The company has a market cap of $536.26 million, a PE ratio of 10.16 and a beta of 0.21. The company has a 50-day moving average price of $38.32 and a 200-day moving average price of $37.24.
GMO International Value ETF Company Profile
The GMO International Value ETF (GMOI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in international equity markets. The fund aims to capitalize on perceived market dislocations, using proprietary methods to identify undervalued equities with positive return potential GMOI was launched on Oct 28, 2024 and is issued by GMO.
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