GMO International Value ETF (NYSEARCA:GMOI) Sees Significant Growth in Short Interest

GMO International Value ETF (NYSEARCA:GMOI) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 43,880 shares, a growth of 62.1% from the June 30th total of 27,069 shares. Based on an average daily trading volume, of 46,653 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On GMO International Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. boosted its holdings 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 period. Fidelity D & D Bancorp Inc. bought a new position in GMO International Value ETF in the 4th quarter worth $14,370,000. HighTower Advisors LLC raised its holdings in GMO International Value ETF by 30.0% in the 4th quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock worth $24,204,000 after acquiring an additional 166,129 shares during the period. Janney Montgomery Scott LLC bought a new position in GMO International Value ETF in the 1st quarter worth $858,000. Finally, Orcam Financial Group acquired a new position in GMO International Value ETF during the 4th quarter worth $485,000.

GMO International Value ETF Stock Performance

Shares of GMOI traded down $0.34 during trading hours on Friday, hitting $40.32. 125,879 shares of the company were exchanged, compared to its average volume of 94,681. The firm’s 50 day moving average is $38.32 and its 200-day moving average is $37.24. GMO International Value ETF has a 52 week low of $29.06 and a 52 week high of $40.68. The company has a market cap of $536.26 million, a PE ratio of 10.16 and a beta of 0.21.

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.