Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Shares Shorted: Short Interest Up 55.5% in September

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 104,377 shares, an increase of 55.5% from the September 15th total of 67,140 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average daily volume of 15,752 shares, the days-to-cover ratio is presently 6.6 days.

Hedge Funds Weigh In On Alpha Architect International Quantitative Value ETF

A hedge fund recently bought a new position in Alpha Architect International Quantitative Value ETF stock. Sankala Group LLC bought a new stake in shares of Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,693 shares of the company’s stock, valued at approximately $494,000. Sankala Group LLC owned approximately 0.27% of Alpha Architect International Quantitative Value ETF at the end of the most recent quarter.

Alpha Architect International Quantitative Value ETF Stock Performance

Shares of NASDAQ IVAL traded up $0.37 during mid-day trading on Friday, hitting $36.84. 21,614 shares of the stock traded hands, compared to its average volume of 17,116. Alpha Architect International Quantitative Value ETF has a 52 week low of $29.29 and a 52 week high of $37.52. The company has a market cap of $224.72 million, a price-to-earnings ratio of 9.72 and a beta of 0.75. The stock has a fifty day moving average price of $36.75 and a 200-day moving average price of $35.69.

Alpha Architect International Quantitative Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a $0.2068 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 2.2%. This is a negative change from Alpha Architect International Quantitative Value ETF’s previous quarterly dividend of $0.3985. The ex-dividend date was Monday, September 28th.

About Alpha Architect International Quantitative Value ETF

The Alpha Architect International Quantitative Value ETF (IVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality. IVAL was launched on Dec 17, 2014 and is issued by Alpha Architect.