GMO International Value ETF (NYSEARCA:GMOI) Sees Large Decrease in Short Interest

GMO International Value ETF (NYSEARCA:GMOI) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 40,171 shares, a drop of 74.4% from the May 31st total of 157,049 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 72,607 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On GMO International Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Signature Equity Partners LLC bought a new position in GMO International Value ETF in the 1st quarter valued at $28,000. Sanctuary Advisors LLC bought a new stake in shares of GMO International Value ETF during the first quarter worth $211,000. International Assets Investment Management LLC acquired a new stake in shares of GMO International Value ETF in the fourth quarter valued at $262,000. Centurion Wealth Management LLC increased its stake in shares of GMO International Value ETF by 17.6% in the fourth quarter. Centurion Wealth Management LLC now owns 10,000 shares of the company’s stock valued at $336,000 after buying an additional 1,500 shares in the last quarter. Finally, Aspen Investment Management Inc bought a new position in shares of GMO International Value ETF in the fourth quarter valued at about $422,000.

GMO International Value ETF Stock Up 0.6%

NYSEARCA:GMOI traded up $0.24 on Monday, reaching $37.63. The stock had a trading volume of 81,689 shares, compared to its average volume of 91,965. The company has a market capitalization of $444.03 million, a P/E ratio of 10.16 and a beta of 0.18. GMO International Value ETF has a 1-year low of $29.00 and a 1-year high of $38.67. The stock has a fifty day moving average price of $37.76 and a 200-day moving average price of $36.39.

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.