Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Drops By 56.4%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 17,400 shares, a drop of 56.4% from the February 28th total of 39,900 shares. Based on an average trading volume of 14,500 shares, the short-interest ratio is currently 1.2 days. Currently, 0.6% of the shares of the stock are short sold.

Alpha Architect International Quantitative Momentum ETF Stock Performance

Shares of IMOM stock opened at $29.12 on Friday. Alpha Architect International Quantitative Momentum ETF has a fifty-two week low of $24.27 and a fifty-two week high of $29.84. The company has a market cap of $86.49 million, a PE ratio of 16.44 and a beta of 0.93. The stock’s fifty day moving average price is $28.61 and its two-hundred day moving average price is $28.15.

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.