Short Interest in GMO International Value ETF (NYSEARCA:GMOI) Grows By 201.6%

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 39,931 shares, a growth of 201.6% from the April 30th total of 13,239 shares. Based on an average daily volume of 61,906 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

Hedge Funds Weigh In On GMO International Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of GMOI. Signature Equity Partners LLC acquired a new position in GMO International Value ETF during the first quarter worth approximately $28,000. Sanctuary Advisors LLC acquired a new position in GMO International Value ETF during the first quarter worth approximately $211,000. International Assets Investment Management LLC acquired a new position in GMO International Value ETF during the fourth quarter worth approximately $262,000. Centurion Wealth Management LLC increased its position in GMO International Value ETF by 17.6% during the fourth quarter. Centurion Wealth Management LLC now owns 10,000 shares of the company’s stock worth $336,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Aspen Investment Management Inc acquired a new stake in shares of GMO International Value ETF in the fourth quarter worth $422,000.

GMO International Value ETF Price Performance

GMOI stock traded up $0.05 on Friday, hitting $38.24. 51,913 shares of the company were exchanged, compared to its average volume of 97,466. GMO International Value ETF has a twelve month low of $28.20 and a twelve month high of $38.53. The business’s fifty day moving average is $37.18 and its two-hundred day moving average is $35.58. The stock has a market capitalization of $451.23 million, a price-to-earnings ratio of 10.16 and a beta of 0.20.

GMO International Value ETF Company Profile

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.