GMO International Value ETF (NYSEARCA:GMOI) Sees Significant Growth in Short Interest

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 564,667 shares, a growth of 686.3% from the February 26th total of 71,809 shares. Based on an average trading volume of 85,078 shares, the short-interest ratio is presently 6.6 days. Currently, 5.8% of the company’s shares are sold short.

Hedge Funds Weigh In On GMO International Value ETF

Hedge funds have recently added to or reduced their stakes in the stock. Fidelity D & D Bancorp Inc. bought a new position in GMO International Value ETF during the fourth quarter worth about $14,370,000. HighTower Advisors LLC increased its stake in shares of GMO International Value ETF by 30.0% in the 4th quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock valued at $24,204,000 after acquiring an additional 166,129 shares during the last quarter. LPL Financial LLC acquired a new stake in shares of GMO International Value ETF in the 4th quarter valued at approximately $1,065,000. J.W. Cole Advisors Inc. raised its position in shares of GMO International Value ETF by 66.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 52,060 shares of the company’s stock valued at $1,748,000 after acquiring an additional 20,839 shares during the period. Finally, Sunbelt Securities Inc. bought a new position in GMO International Value ETF during the 3rd quarter worth approximately $475,000.

GMO International Value ETF Price Performance

Shares of GMO International Value ETF stock traded down $0.44 on Thursday, hitting $35.45. 98,424 shares of the company’s stock traded hands, compared to its average volume of 131,748. The firm’s 50-day moving average price is $36.30 and its two-hundred day moving average price is $33.67. The stock has a market capitalization of $347.41 million, a PE ratio of 10.16 and a beta of 0.90. GMO International Value ETF has a one year low of $23.36 and a one year high of $38.15.

GMO International Value ETF Announces Dividend

The business also recently disclosed a special dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a dividend of $0.3486 per share. The ex-dividend date of this dividend was Tuesday, December 30th.

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.