GMO International Value ETF (NYSEARCA:GMOI) Sees Significant Decline in Short Interest

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 40,171 shares, a decrease of 74.4% from the May 31st total of 157,049 shares. Based on an average daily trading volume, of 72,607 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are short sold.

GMO International Value ETF Trading Down 0.3%

GMO International Value ETF stock opened at $37.39 on Friday. The firm has a market capitalization of $441.20 million, a PE ratio of 10.16 and a beta of 0.18. GMO International Value ETF has a 1-year low of $29.00 and a 1-year high of $38.67. The firm’s 50 day simple moving average is $37.76 and its 200 day simple moving average is $36.37.

Hedge Funds Weigh In On GMO International Value ETF

Several institutional investors have recently modified their holdings of the company. Signature Equity Partners LLC purchased a new position in shares of GMO International Value ETF in the first quarter worth about $28,000. Sanctuary Advisors LLC bought a new position in shares of GMO International Value ETF in the 1st quarter worth about $211,000. International Assets Investment Management LLC bought a new position in GMO International Value ETF during the 4th quarter valued at approximately $262,000. Centurion Wealth Management LLC raised its holdings in GMO International Value ETF by 17.6% in the fourth quarter. Centurion Wealth Management LLC now owns 10,000 shares of the company’s stock worth $336,000 after buying an additional 1,500 shares during the last quarter. Finally, Aspen Investment Management Inc purchased a new position in shares of GMO International Value ETF in the fourth quarter worth $422,000.

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.