Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Stock Short Interest Declines 73.1%

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,315 shares, a decrease of 73.1% from the September 30th total of 12,341 shares. Based on an average trading volume of 1,870 shares, the short-interest ratio is presently 1.8 days. Currently, 0.4% of the company’s stock are sold short.

Alpha Architect Global Factor Equity ETF Stock Performance

NASDAQ:AAVM traded down $0.10 during mid-day trading on Wednesday, hitting $33.86. 644 shares of the company’s stock traded hands, compared to its average volume of 2,343. Alpha Architect Global Factor Equity ETF has a twelve month low of $28.05 and a twelve month high of $35.01. The company has a market capitalization of $26.75 million, a P/E ratio of 13.56 and a beta of 0.55. The company has a fifty day moving average of $34.08 and a 200 day moving average of $33.34.

About Alpha Architect Global Factor Equity ETF

The Alpha Architect Global Factor Equity ETF (AAVM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund investing primarily in four value- and momentum-oriented ETFs from the issuer. The fund-of-funds uses a proprietary, momentum-driven model to allocate its portfolio AAVM was launched on May 3, 2017 and is issued by Alpha Architect.