Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Short Interest Up 192.6% in August

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,946 shares, an increase of 192.6% from the August 15th total of 665 shares. Based on an average daily trading volume, of 369 shares, the days-to-cover ratio is currently 5.3 days. Currently, 0.3% of the company’s stock are sold short.

Alpha Architect Global Factor Equity ETF Price Performance

Shares of AAVM opened at $34.07 on Tuesday. The stock has a market capitalization of $3.07 million, a PE ratio of 13.56 and a beta of 0.56. Alpha Architect Global Factor Equity ETF has a 12-month low of $27.98 and a 12-month high of $35.01. The business’s fifty day moving average price is $34.05 and its 200 day moving average price is $33.50.

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.