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

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOMGet Free Report) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 44,800 shares, a growth of 8.5% from the November 15th total of 41,300 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 7.7 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alpha Architect International Quantitative Momentum ETF stock. Baker Boyer National Bank boosted its stake in shares of Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOMFree Report) by 9.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,033 shares of the company’s stock after purchasing an additional 6,556 shares during the quarter. Alpha Architect International Quantitative Momentum ETF comprises 0.7% of Baker Boyer National Bank’s holdings, making the stock its 16th largest holding. Baker Boyer National Bank owned 2.61% of Alpha Architect International Quantitative Momentum ETF worth $2,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Alpha Architect International Quantitative Momentum ETF Stock Up 0.5 %

Shares of IMOM stock opened at $28.31 on Tuesday. The firm has a market cap of $81.53 million, a price-to-earnings ratio of 9.11 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a 52-week low of $24.27 and a 52-week high of $29.53. The company’s 50 day moving average is $28.14 and its 200 day moving average is $28.04.

About Alpha Architect International Quantitative Momentum ETF

(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.

Further Reading

Receive News & Ratings for Alpha Architect International Quantitative Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha Architect International Quantitative Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.