GMO International Value ETF (NYSEARCA:GMOI) Short Interest Down 85.3% in February

GMO International Value ETF (NYSEARCA:GMOI) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 71,809 shares, a decrease of 85.3% from the February 12th total of 489,907 shares. Based on an average daily volume of 103,025 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 103,025 shares, the days-to-cover ratio is currently 0.7 days.

GMO International Value ETF Stock Performance

GMOI stock traded up $0.03 during midday trading on Tuesday, reaching $36.14. The company’s stock had a trading volume of 57,083 shares, compared to its average volume of 150,117. The stock has a fifty day simple moving average of $35.95 and a two-hundred day simple moving average of $33.33. GMO International Value ETF has a 1 year low of $23.36 and a 1 year high of $38.15. The firm has a market capitalization of $354.17 million, a price-to-earnings ratio of 10.16 and a beta of 0.90.

GMO International Value ETF Dividend Announcement

The business also recently declared a special dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.3486 dividend. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On GMO International Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in GMO International Value ETF in the 4th quarter valued at about $262,000. Centurion Wealth Management LLC increased its position in shares of GMO International Value ETF by 17.6% during the fourth quarter. Centurion Wealth Management LLC now owns 10,000 shares of the company’s stock worth $336,000 after acquiring an additional 1,500 shares during the period. Aspen Investment Management Inc bought a new stake in shares of GMO International Value ETF during the fourth quarter valued at approximately $422,000. Sunbelt Securities Inc. bought a new stake in shares of GMO International Value ETF during the third quarter valued at approximately $475,000. Finally, Orcam Financial Group purchased a new stake in shares of GMO International Value ETF in the fourth quarter valued at approximately $485,000.

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.