Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Grows By 698.1%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 43,100 shares, an increase of 698.1% from the August 31st total of 5,400 shares. Based on an average trading volume of 6,200 shares, the short-interest ratio is currently 7.0 days.

Alpha Architect International Quantitative Momentum ETF Stock Down 0.5 %

NASDAQ:IMOM traded down $0.15 during mid-day trading on Friday, hitting $28.84. 408 shares of the stock traded hands, compared to its average volume of 9,628. Alpha Architect International Quantitative Momentum ETF has a 12-month low of $23.18 and a 12-month high of $29.53. The company has a market cap of $83.06 million, a PE ratio of 9.11 and a beta of 0.93. The business’s 50-day moving average price is $27.84 and its 200 day moving average price is $28.11.

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 grew its stake in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) by 10.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,477 shares of the company’s stock after buying an additional 6,326 shares during the period. Alpha Architect International Quantitative Momentum ETF makes up about 0.7% of Baker Boyer National Bank’s holdings, making the stock its 16th biggest holding. Baker Boyer National Bank owned 2.31% of Alpha Architect International Quantitative Momentum ETF worth $1,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.