Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Grows By 354.2%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 28,567 shares, a growth of 354.2% from the January 29th total of 6,289 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 28,115 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 28,115 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Baker Boyer National Bank boosted its position in shares of 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 worth $3,238,000 after buying an additional 2,028 shares during the period. Flow Traders U.S. LLC acquired a new position in Alpha Architect International Quantitative Momentum ETF during the 3rd quarter worth about $777,000. Finally, Ethos Financial Group LLC acquired a new position in Alpha Architect International Quantitative Momentum ETF during the 2nd quarter worth about $1,913,000.

Alpha Architect International Quantitative Momentum ETF Price Performance

Shares of IMOM opened at $45.26 on Friday. The firm has a 50-day simple moving average of $41.74 and a two-hundred day simple moving average of $38.21. The stock has a market cap of $149.36 million, a PE ratio of 23.34 and a beta of 0.92. Alpha Architect International Quantitative Momentum ETF has a 1-year low of $24.24 and a 1-year high of $45.40.

Alpha Architect International Quantitative Momentum ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were issued a $0.9636 dividend. The ex-dividend date was Tuesday, December 23rd.

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.