Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Down 73.6% in May

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 6,300 shares, a decline of 73.6% from the April 30th total of 23,900 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 23,700 shares, the days-to-cover ratio is currently 0.3 days.

Alpha Architect International Quantitative Momentum ETF Trading Down 1.0%

Alpha Architect International Quantitative Momentum ETF stock opened at $31.59 on Thursday. The company has a market cap of $96.35 million, a PE ratio of 13.60 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a 1 year low of $24.24 and a 1 year high of $31.91. The company’s 50-day moving average is $29.10 and its two-hundred day moving average is $28.41.

Hedge Funds Weigh In On Alpha Architect International Quantitative Momentum ETF

An institutional investor recently raised its position in Alpha Architect International Quantitative Momentum ETF stock. Baker Boyer National Bank lifted its stake in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) by 12.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83,613 shares of the company’s stock after purchasing an additional 9,535 shares during the period. Alpha Architect International Quantitative Momentum ETF accounts for approximately 0.9% of Baker Boyer National Bank’s holdings, making the stock its 12th largest holding. Baker Boyer National Bank owned about 2.74% of Alpha Architect International Quantitative Momentum ETF worth $2,359,000 as of its most recent SEC filing.

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.