Short Interest in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Rises By 430.6%

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOMGet Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 61,396 shares, a growth of 430.6% from the April 15th total of 11,572 shares. Currently, 1.8% of the shares of the stock are sold short. Based on an average trading volume of 25,160 shares, the short-interest ratio is currently 2.4 days.

Alpha Architect International Quantitative Momentum ETF Price Performance

NASDAQ IMOM opened at $45.37 on Wednesday. The company’s 50 day simple moving average is $42.39 and its two-hundred day simple moving average is $40.66. Alpha Architect International Quantitative Momentum ETF has a 1 year low of $29.42 and a 1 year high of $45.70. The stock has a market capitalization of $157.43 million, a PE ratio of 23.34 and a beta of 0.95.

Institutional Investors Weigh In On Alpha Architect International Quantitative Momentum ETF

Several large investors have recently added to or reduced their stakes in the business. Sankala Group LLC purchased a new position in Alpha Architect International Quantitative Momentum ETF during the fourth quarter worth about $353,000. Worth Asset Management LLC purchased a new stake in shares of Alpha Architect International Quantitative Momentum ETF in the 1st quarter valued at about $403,000. Flow Traders U.S. LLC bought a new stake in shares of Alpha Architect International Quantitative Momentum ETF during the 3rd quarter valued at about $777,000. Finally, Baker Boyer National Bank boosted its position in shares of Alpha Architect International Quantitative Momentum ETF by 2.4% during the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock valued at $3,238,000 after acquiring an additional 2,028 shares during the last quarter.

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.

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