Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Large Growth in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 57,600 shares, a growth of 231.0% from the March 15th total of 17,400 shares. Based on an average trading volume of 22,100 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.9% of the company’s stock are sold short.

Alpha Architect International Quantitative Momentum ETF Stock Up 1.8 %

IMOM stock opened at $28.17 on Tuesday. The company has a market capitalization of $87.33 million, a PE ratio of 13.39 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a 52-week low of $24.24 and a 52-week high of $29.84. The stock’s 50 day moving average is $28.43 and its two-hundred day moving average is $28.01.

Alpha Architect International Quantitative Momentum ETF Company Profile

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.