Short Interest in Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Rises By 3,789.5%

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,168 shares, an increase of 3,789.5% from the April 15th total of 210 shares. Based on an average trading volume of 6,107 shares, the short-interest ratio is presently 1.3 days. Currently, 1.2% of the company’s shares are short sold.

Alpha Architect Global Factor Equity ETF Price Performance

Shares of NASDAQ AAVM remained flat at $34.25 during trading on Wednesday. The stock had a trading volume of 480 shares, compared to its average volume of 3,271. The company’s 50-day moving average is $32.50 and its two-hundred day moving average is $31.27. Alpha Architect Global Factor Equity ETF has a fifty-two week low of $25.38 and a fifty-two week high of $34.49. The stock has a market cap of $23.98 million, a price-to-earnings ratio of 13.56 and a beta of 0.55.

About Alpha Architect Global Factor Equity ETF

The Alpha Architect Global Factor Equity ETF (AAVM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund investing primarily in four value- and momentum-oriented ETFs from the issuer. The fund-of-funds uses a proprietary, momentum-driven model to allocate its portfolio AAVM was launched on May 3, 2017 and is issued by Alpha Architect.