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

GMO International Value ETF (NYSEARCA:GMOI) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 21,008 shares, a drop of 44.8% from the August 15th total of 38,081 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 126,718 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On GMO International Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Signature Equity Partners LLC acquired a new stake in shares of GMO International Value ETF during the first quarter worth $28,000. TD Waterhouse Canada Inc. acquired a new position in GMO International Value ETF in the 2nd quarter worth $34,000. Allied Private Wealth LLC bought a new position in GMO International Value ETF during the 2nd quarter worth about $54,000. Sanctuary Advisors LLC bought a new position in GMO International Value ETF during the 1st quarter worth about $211,000. Finally, Aspen Investment Management Inc acquired a new stake in shares of GMO International Value ETF in the 4th quarter valued at about $422,000.

GMO International Value ETF Stock Down 0.7%

Shares of GMOI traded down $0.28 during trading hours on Wednesday, reaching $40.99. The stock had a trading volume of 39,708 shares, compared to its average volume of 102,729. The company has a market cap of $557.46 million, a P/E ratio of 10.16 and a beta of 0.18. GMO International Value ETF has a 52 week low of $30.41 and a 52 week high of $42.15. The firm has a 50-day moving average of $40.49 and a 200 day moving average of $38.40.

GMO International Value ETF Dividend Announcement

The firm also recently declared a semiannual dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.1512 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a dividend yield of 81.0%.

About GMO International Value ETF

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.