Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Short Interest Update

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 10,204 shares, an increase of 161.4% from the July 15th total of 3,903 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 1,903 shares, the days-to-cover ratio is currently 5.4 days.

Alpha Architect Global Factor Equity ETF Price Performance

AAVM traded up $0.15 during mid-day trading on Friday, hitting $34.89. The stock had a trading volume of 37 shares, compared to its average volume of 2,684. The stock’s fifty day simple moving average is $33.77 and its 200-day simple moving average is $33.23. The firm has a market capitalization of $26.16 million, a price-to-earnings ratio of 13.56 and a beta of 0.55. Alpha Architect Global Factor Equity ETF has a 1-year low of $27.41 and a 1-year high of $34.89.

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.