Short Interest in GMO International Value ETF (NYSEARCA:GMOI) Drops By 90.4%

GMO International Value ETF (NYSEARCA:GMOI) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 38,081 shares, a decrease of 90.4% from the July 30th total of 396,929 shares. Based on an average daily trading volume, of 240,623 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of GMO International Value ETF

A number of institutional investors have recently modified their holdings of GMOI. Sunbelt Securities Inc. purchased a new position in GMO International Value ETF in the third quarter worth $475,000. Kestra Private Wealth Services LLC increased its position in shares of GMO International Value ETF by 13.6% in the 4th quarter. Kestra Private Wealth Services LLC now owns 16,910 shares of the company’s stock valued at $568,000 after acquiring an additional 2,028 shares during the period. International Assets Investment Management LLC purchased a new position in shares of GMO International Value ETF in the fourth quarter worth about $262,000. HighTower Advisors LLC raised its position in GMO International Value ETF by 30.0% during the 4th quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock worth $24,204,000 after buying an additional 166,129 shares during the last quarter. Finally, Aspen Investment Management Inc purchased a new position in shares of GMO International Value ETF during the fourth quarter worth $422,000.

GMO International Value ETF Stock Up 0.3%

NYSEARCA:GMOI traded up $0.14 during mid-day trading on Tuesday, reaching $41.70. The company’s stock had a trading volume of 991,976 shares, compared to its average volume of 107,133. The stock has a fifty day moving average of $39.32 and a 200-day moving average of $37.95. GMO International Value ETF has a 1 year low of $30.41 and a 1 year high of $42.01. The firm has a market capitalization of $567.12 million, a PE ratio of 10.16 and a beta of 0.18.

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.