Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Expands By 298.7%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 21,432 shares, a growth of 298.7% from the December 15th total of 5,375 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 16,687 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 16,687 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Alpha Architect International Quantitative Momentum ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 21,215 shares of the company’s stock, valued at approximately $777,000. Flow Traders U.S. LLC owned approximately 0.67% of Alpha Architect International Quantitative Momentum ETF as of its most recent SEC filing.

Alpha Architect International Quantitative Momentum ETF Trading Up 1.1%

IMOM stock traded up $0.45 on Wednesday, hitting $41.40. The company’s stock had a trading volume of 42,008 shares, compared to its average volume of 21,368. The stock has a market cap of $128.34 million, a price-to-earnings ratio of 23.34 and a beta of 0.92. The firm has a 50 day moving average of $38.17 and a two-hundred day moving average of $36.06. Alpha Architect International Quantitative Momentum ETF has a 1 year low of $24.24 and a 1 year high of $41.42.

Alpha Architect International Quantitative Momentum ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were given a $0.9636 dividend. The ex-dividend date was Tuesday, December 23rd.

About Alpha Architect International Quantitative Momentum ETF

The Alpha Architect International Quantitative Momentum ETF (IMOM) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-North America stocks, screened for their strong and consistent momentum. IMOM was launched on Dec 23, 2015 and is issued by Alpha Architect.