Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Rises By 23.8%

Posted by Doug Madison on Jul 3rd, 2024

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 7,800 shares, a growth of 23.8% from the May 31st total of 6,300 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alpha Architect International Quantitative Momentum ETF stock. Baker Boyer National Bank increased its holdings in shares of Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM – Free Report) by 28.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,151 shares of the company’s stock after purchasing an additional 13,587 shares during the period. Alpha Architect International Quantitative Momentum ETF makes up 0.6% of Baker Boyer National Bank’s portfolio, making the stock its 16th biggest position. Baker Boyer National Bank owned approximately 2.26% of Alpha Architect International Quantitative Momentum ETF worth $1,638,000 as of its most recent SEC filing.

Alpha Architect International Quantitative Momentum ETF Price Performance

Shares of Alpha Architect International Quantitative Momentum ETF stock traded up $0.03 during trading on Tuesday, hitting $27.77. 2,942 shares of the company were exchanged, compared to its average volume of 11,251. The firm has a market capitalization of $82.48 million, a P/E ratio of 9.11 and a beta of 0.93. The firm’s fifty day moving average price is $27.98 and its 200 day moving average price is $27.84. Alpha Architect International Quantitative Momentum ETF has a 1-year low of $23.18 and a 1-year high of $29.53.

Alpha Architect International Quantitative Momentum ETF Company Profile

(Get Free Report)

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.