GMO International Value ETF (NYSEARCA:GMOI) Sees Large Increase in Short Interest

GMO International Value ETF (NYSEARCA:GMOI) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 157,049 shares, an increase of 293.3% from the May 14th total of 39,931 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 53,709 shares, the short-interest ratio is presently 2.9 days.

Institutional Investors Weigh In On GMO International Value ETF

Several institutional investors have recently bought and sold shares of GMOI. Sunbelt Securities Inc. acquired a new stake in GMO International Value ETF in the third quarter valued at approximately $475,000. Pathway Financial Advisors LLC boosted its stake in GMO International Value ETF by 11.3% in the fourth quarter. Pathway Financial Advisors LLC now owns 49,388 shares of the company’s stock valued at $1,686,000 after acquiring an additional 5,021 shares in the last quarter. Centurion Wealth Management LLC boosted its stake in GMO International Value ETF by 17.6% in the fourth quarter. Centurion Wealth Management LLC now owns 10,000 shares of the company’s stock valued at $336,000 after acquiring an additional 1,500 shares in the last quarter. Maltin Wealth Management Inc. boosted its stake in GMO International Value ETF by 9.5% in the fourth quarter. Maltin Wealth Management Inc. now owns 159,910 shares of the company’s stock valued at $5,370,000 after acquiring an additional 13,839 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its stake in GMO International Value ETF by 13.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 16,910 shares of the company’s stock valued at $568,000 after acquiring an additional 2,028 shares in the last quarter.

GMO International Value ETF Stock Performance

GMOI traded up $0.18 during trading on Friday, hitting $38.39. The stock had a trading volume of 34,582 shares, compared to its average volume of 95,326. The company has a market capitalization of $453.00 million, a PE ratio of 10.16 and a beta of 0.18. GMO International Value ETF has a twelve month low of $28.20 and a twelve month high of $38.53. The stock has a 50 day simple moving average of $37.63 and a two-hundred day simple moving average of $36.00.

GMO International Value ETF Company Profile

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.