Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Down 80.0% in February

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 5,723 shares, a drop of 80.0% from the February 12th total of 28,567 shares. Based on an average daily volume of 21,995 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 21,995 shares, the days-to-cover ratio is presently 0.3 days.

Alpha Architect International Quantitative Momentum ETF Stock Performance

NASDAQ IMOM traded up $0.56 during trading hours on Tuesday, reaching $41.88. The stock had a trading volume of 22,845 shares, compared to its average volume of 28,790. The stock has a fifty day moving average of $42.25 and a 200 day moving average of $38.59. The stock has a market cap of $138.20 million, a P/E ratio of 23.34 and a beta of 0.92. Alpha Architect International Quantitative Momentum ETF has a 52-week low of $24.24 and a 52-week high of $45.40.

Alpha Architect International Quantitative Momentum ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.9636 per share. The ex-dividend date was Tuesday, December 23rd.

Institutional Trading of Alpha Architect International Quantitative Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sankala Group LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the fourth quarter worth $353,000. Flow Traders U.S. LLC acquired a new position in Alpha Architect International Quantitative Momentum ETF during the third quarter valued at $777,000. Finally, Baker Boyer National Bank lifted its position in Alpha Architect International Quantitative Momentum ETF by 2.4% during the fourth quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock valued at $3,238,000 after purchasing an additional 2,028 shares during the period.

Alpha Architect International Quantitative Momentum ETF Company Profile

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.