Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Significant Increase in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 9,404 shares, a growth of 64.3% from the February 26th total of 5,723 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 27,130 shares, the days-to-cover ratio is currently 0.3 days.

Alpha Architect International Quantitative Momentum ETF Stock Down 1.9%

NASDAQ IMOM traded down $0.76 during trading hours on Friday, hitting $38.66. The company’s stock had a trading volume of 34,511 shares, compared to its average volume of 26,261. Alpha Architect International Quantitative Momentum ETF has a twelve month low of $24.24 and a twelve month high of $45.40. The firm has a market capitalization of $127.58 million, a P/E ratio of 23.34 and a beta of 0.92. The stock has a fifty day moving average of $42.35 and a 200 day moving average of $39.09.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IMOM. Sankala Group LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF during the fourth quarter worth about $353,000. Flow Traders U.S. LLC acquired a new position in shares of Alpha Architect International Quantitative Momentum ETF in the 3rd quarter valued at approximately $777,000. Finally, Baker Boyer National Bank increased its stake in Alpha Architect International Quantitative Momentum ETF by 2.4% during the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock worth $3,238,000 after purchasing an additional 2,028 shares in the last quarter.

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.