Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Significant Growth in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 9,404 shares, a growth of 64.3% from the February 26th total of 5,723 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 27,130 shares, the short-interest ratio is currently 0.3 days.

Alpha Architect International Quantitative Momentum ETF Price Performance

Alpha Architect International Quantitative Momentum ETF stock traded down $0.76 during midday trading on Friday, reaching $38.66. The company had a trading volume of 34,511 shares, compared to its average volume of 26,261. Alpha Architect International Quantitative Momentum ETF has a 12-month low of $24.24 and a 12-month high of $45.40. The company has a market capitalization of $127.58 million, a P/E ratio of 23.34 and a beta of 0.92. The firm’s fifty day simple moving average is $42.35 and its 200-day simple moving average is $39.12.

Institutional Trading of Alpha Architect International Quantitative Momentum ETF

Institutional investors have recently made changes to their positions in the company. Baker Boyer National Bank lifted its holdings in Alpha Architect International Quantitative Momentum ETF by 2.4% in the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock valued at $3,238,000 after purchasing an additional 2,028 shares in the last quarter. Sankala Group LLC purchased a new stake in shares of Alpha Architect International Quantitative Momentum ETF during the fourth quarter worth $353,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the third quarter valued at about $777,000.

About Alpha Architect International Quantitative Momentum ETF

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.