GMO International Value ETF (NYSEARCA:GMOI) Short Interest Up 293.3% in May

GMO International Value ETF (NYSEARCA:GMOI) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 157,049 shares, an increase of 293.3% from the May 14th total of 39,931 shares. Based on an average daily trading volume, of 53,709 shares, the short-interest ratio is currently 2.9 days. Currently, 1.3% of the company’s stock are short sold.

GMO International Value ETF Trading Up 0.5%

Shares of GMO International Value ETF stock traded up $0.18 during trading hours on Friday, reaching $38.39. 34,582 shares of the company’s stock were exchanged, compared to its average volume of 95,326. The company has a 50 day moving average of $37.63 and a two-hundred day moving average of $36.00. GMO International Value ETF has a fifty-two week low of $28.20 and a fifty-two week high of $38.53. The stock has a market cap of $453.00 million, a P/E ratio of 10.16 and a beta of 0.18.

Hedge Funds Weigh In On GMO International Value ETF

A number of large investors have recently modified their holdings of the business. HighTower Advisors LLC boosted its stake in shares of GMO International Value ETF by 30.0% during the 4th quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock worth $24,204,000 after buying an additional 166,129 shares during the last quarter. Fidelity D & D Bancorp Inc. boosted its stake in shares of GMO International Value ETF by 4.0% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 445,242 shares of the company’s stock worth $16,131,000 after buying an additional 17,305 shares during the last quarter. Maltin Wealth Management Inc. boosted its stake in shares of GMO International Value ETF by 63.7% during the 1st quarter. Maltin Wealth Management Inc. now owns 261,797 shares of the company’s stock worth $9,485,000 after buying an additional 101,887 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of GMO International Value ETF by 66.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 52,060 shares of the company’s stock worth $1,748,000 after buying an additional 20,839 shares during the last quarter. Finally, Pathway Financial Advisors LLC boosted its stake in shares of GMO International Value ETF by 11.3% during the 4th quarter. Pathway Financial Advisors LLC now owns 49,388 shares of the company’s stock worth $1,686,000 after buying an additional 5,021 shares during the last quarter.

About GMO International Value ETF

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.