Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 29,216 shares, an increase of 173.4% from the August 15th total of 10,686 shares. Based on an average daily volume of 12,173 shares, the short-interest ratio is currently 2.4 days. Currently, 0.8% of the company’s shares are short sold.
Alpha Architect International Quantitative Momentum ETF Trading Up 1.4%
NASDAQ IMOM opened at $41.06 on Friday. The stock has a fifty day simple moving average of $41.29 and a 200-day simple moving average of $42.58. The stock has a market cap of $157.26 million, a PE ratio of 23.34 and a beta of 0.95. Alpha Architect International Quantitative Momentum ETF has a twelve month low of $35.27 and a twelve month high of $46.17.
Institutional Investors Weigh In On Alpha Architect International Quantitative Momentum ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Worth Asset Management LLC purchased a new position in shares of Alpha Architect International Quantitative Momentum ETF during the 1st quarter worth approximately $403,000. Sankala Group LLC purchased a new position in shares of Alpha Architect International Quantitative Momentum ETF during the fourth quarter worth $353,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of Alpha Architect International Quantitative Momentum ETF during the third quarter worth $777,000.
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.
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