Short Interest in GMO International Value ETF (NYSEARCA:GMOI) Grows By 201.6%

GMO International Value ETF (NYSEARCA:GMOI) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 39,931 shares, a growth of 201.6% from the April 30th total of 13,239 shares. Based on an average trading volume of 61,906 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On GMO International Value ETF

Several large investors have recently made changes to their positions in GMOI. Fidelity D & D Bancorp Inc. acquired a new stake in shares of GMO International Value ETF in the fourth quarter worth $14,370,000. HighTower Advisors LLC increased its position in shares of GMO International Value ETF by 30.0% in the fourth quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock worth $24,204,000 after acquiring an additional 166,129 shares in the last quarter. Maltin Wealth Management Inc. increased its position in shares of GMO International Value ETF by 63.7% in the first quarter. Maltin Wealth Management Inc. now owns 261,797 shares of the company’s stock worth $9,485,000 after acquiring an additional 101,887 shares in the last quarter. LPL Financial LLC purchased a new position in shares of GMO International Value ETF in the fourth quarter valued at $1,065,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of GMO International Value ETF in the first quarter valued at $858,000.

GMO International Value ETF Stock Up 0.1%

Shares of GMO International Value ETF stock traded up $0.05 during trading hours on Friday, hitting $38.24. The company’s stock had a trading volume of 51,913 shares, compared to its average volume of 97,466. GMO International Value ETF has a 1-year low of $28.20 and a 1-year high of $38.53. The business has a fifty day moving average of $37.18 and a 200 day moving average of $35.58. The company has a market capitalization of $451.23 million, a PE ratio of 10.16 and a beta of 0.20.

About GMO International Value ETF

The GMO International Value ETF (GMOI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in international equity markets. The fund aims to capitalize on perceived market dislocations, using proprietary methods to identify undervalued equities with positive return potential GMOI was launched on Oct 28, 2024 and is issued by GMO.