Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Down 44.0% in June

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 11,047 shares, a decline of 44.0% from the June 15th total of 19,711 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 11,259 shares, the days-to-cover ratio is presently 1.0 days.

Alpha Architect International Quantitative Momentum ETF Stock Down 2.3%

Shares of NASDAQ IMOM traded down $0.96 during trading on Thursday, reaching $41.39. The company had a trading volume of 7,896 shares, compared to its average volume of 20,700. Alpha Architect International Quantitative Momentum ETF has a 12-month low of $32.63 and a 12-month high of $46.17. The business’s 50-day moving average is $43.94 and its 200 day moving average is $42.73. The stock has a market cap of $155.21 million, a PE ratio of 23.34 and a beta of 0.95.

Institutional Investors Weigh In On Alpha Architect International Quantitative Momentum ETF

A number of institutional investors have recently made changes to their positions in IMOM. Sankala Group LLC bought a new stake in shares of Alpha Architect International Quantitative Momentum ETF during the fourth quarter valued at approximately $353,000. Worth Asset Management LLC purchased a new position in Alpha Architect International Quantitative Momentum ETF in the 1st quarter worth approximately $403,000. Flow Traders U.S. LLC bought a new position in Alpha Architect International Quantitative Momentum ETF in the 3rd quarter valued at approximately $777,000. Finally, Baker Boyer National Bank lifted its position in Alpha Architect International Quantitative Momentum ETF by 2.4% in the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock valued at $3,238,000 after acquiring 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.