Short Interest in Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Grows By 161.4%

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 10,204 shares, an increase of 161.4% from the July 15th total of 3,903 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily volume of 1,903 shares, the days-to-cover ratio is presently 5.4 days.

Alpha Architect Global Factor Equity ETF Price Performance

Shares of Alpha Architect Global Factor Equity ETF stock opened at $34.72 on Friday. The stock has a market cap of $26.04 million, a P/E ratio of 13.56 and a beta of 0.55. Alpha Architect Global Factor Equity ETF has a 12-month low of $27.41 and a 12-month high of $34.85. The business’s 50 day moving average is $33.77 and its 200-day moving average is $33.22.

About Alpha Architect Global Factor Equity ETF

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.