GMO U.S. Value ETF (NYSEARCA:GMOV) Stock Short Interest Report for September

GMO U.S. Value ETF (NYSEARCA:GMOV) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,840 shares, an increase of 693.4% from the September 15th total of 484 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,458 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of GMO U.S. Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pathway Financial Advisors LLC acquired a new position in GMO U.S. Value ETF in the second quarter worth approximately $246,000. Fifth Third Bancorp bought a new position in shares of GMO U.S. Value ETF in the first quarter valued at $84,000. Essential Partners LLC lifted its position in shares of GMO U.S. Value ETF by 8.6% during the 1st quarter. Essential Partners LLC now owns 60,238 shares of the company’s stock valued at $1,692,000 after acquiring an additional 4,774 shares during the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of GMO U.S. Value ETF during the 1st quarter valued at $333,000.

GMO U.S. Value ETF Stock Down 0.1%

NYSEARCA:GMOV opened at $31.95 on Friday. The business’s 50-day moving average price is $32.39 and its 200 day moving average price is $30.70. The firm has a market cap of $95.85 million, a P/E ratio of 12.08 and a beta of 0.65. GMO U.S. Value ETF has a 52-week low of $25.66 and a 52-week high of $33.47.

GMO U.S. Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were paid a $0.1678 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.67 annualized dividend and a dividend yield of 2.1%. This is an increase from GMO U.S. Value ETF’s previous quarterly dividend of $0.1283.

GMO U.S. Value ETF Company Profile

The GMO US Value ETF (GMOV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in US equity securities. The fund seeks to identify undervalued US stocks using proprietary quantitative methods, capitalizing on perceived market dislocations GMOV was launched on Oct 28, 2024 and is issued by GMO.