Short Interest in GMO International Value ETF (NYSEARCA:GMOI) Rises By 686.3%

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 564,667 shares, a growth of 686.3% from the February 26th total of 71,809 shares. Based on an average daily volume of 85,078 shares, the days-to-cover ratio is currently 6.6 days. Currently, 5.8% of the company’s stock are short sold. Currently, 5.8% of the company’s stock are short sold. Based on an average daily volume of 85,078 shares, the days-to-cover ratio is currently 6.6 days.

Institutional Trading of GMO International Value ETF

Institutional investors have recently made changes to their positions in the stock. LPL Financial LLC bought a new position in GMO International Value ETF during the fourth quarter valued at approximately $1,065,000. J.W. Cole Advisors Inc. grew its position in GMO International Value ETF by 66.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 52,060 shares of the company’s stock worth $1,748,000 after purchasing an additional 20,839 shares during the period. Fidelity D & D Bancorp Inc. purchased a new stake in GMO International Value ETF during the 4th quarter valued at $14,370,000. Orcam Financial Group purchased a new stake in GMO International Value ETF during the 4th quarter valued at $485,000. Finally, Aspen Investment Management Inc bought a new position in shares of GMO International Value ETF during the 4th quarter valued at $422,000.

GMO International Value ETF Stock Performance

Shares of NYSEARCA:GMOI traded up $0.18 during midday trading on Tuesday, reaching $35.58. 167,092 shares of the company’s stock traded hands, compared to its average volume of 134,427. GMO International Value ETF has a one year low of $23.36 and a one year high of $38.15. The company has a market cap of $348.68 million, a price-to-earnings ratio of 10.16 and a beta of 0.90. The stock has a 50 day moving average of $36.27 and a 200 day moving average of $33.66.

GMO International Value ETF Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $0.3486 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

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.