GMO International Value ETF (NYSEARCA:GMOI) Shares Shorted: Short Interest Up 2,047.0% in October

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 283,039 shares, an increase of 2,047.0% from the September 30th total of 13,183 shares. Based on an average trading volume of 66,540 shares, the days-to-cover ratio is currently 4.3 days. Approximately 1.7% of the shares of the stock are short sold.

Institutional Trading of GMO International Value ETF

Several hedge funds have recently modified their holdings of the stock. Capital Investment Advisors LLC raised its position in GMO International Value ETF by 120.1% in the 3rd quarter. Capital Investment Advisors LLC now owns 124,784 shares of the company’s stock worth $4,948,000 after purchasing an additional 68,088 shares during the last quarter. Beaumont Financial Advisors LLC boosted its position in GMO International Value ETF by 13.9% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 227,694 shares of the company’s stock valued at $9,028,000 after buying an additional 27,863 shares during the last quarter. New England Private Wealth Advisors LLC boosted its position in GMO International Value ETF by 0.6% in the 3rd quarter. New England Private Wealth Advisors LLC now owns 101,890 shares of the company’s stock valued at $4,040,000 after buying an additional 649 shares during the last quarter. Tempus Wealth Planning LLC boosted its position in GMO International Value ETF by 115.4% in the 3rd quarter. Tempus Wealth Planning LLC now owns 39,240 shares of the company’s stock valued at $1,556,000 after buying an additional 21,020 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of GMO International Value ETF by 1,276.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 27,734 shares of the company’s stock valued at $1,100,000 after buying an additional 25,719 shares during the period.

GMO International Value ETF Stock Performance

GMOI traded up $0.20 during midday trading on Monday, hitting $40.31. The company had a trading volume of 20,483 shares, compared to its average volume of 96,231. GMO International Value ETF has a twelve month low of $30.95 and a twelve month high of $42.15. The company has a market capitalization of $689.30 million, a PE ratio of 10.16 and a beta of 0.21. The firm’s 50-day simple moving average is $40.61 and its 200-day simple moving average is $38.18.

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.