Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Down 44.0% in June

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 11,047 shares, a drop of 44.0% from the June 15th total of 19,711 shares. Based on an average daily volume of 11,259 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are sold short.

Alpha Architect International Quantitative Momentum ETF Price Performance

NASDAQ:IMOM opened at $40.55 on Friday. The firm has a 50 day simple moving average of $43.79 and a 200-day simple moving average of $42.74. The firm has a market cap of $152.06 million, a PE ratio of 23.34 and a beta of 0.95. Alpha Architect International Quantitative Momentum ETF has a 1-year low of $32.63 and a 1-year high of $46.17.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IMOM. Worth Asset Management LLC acquired a new stake in shares of Alpha Architect International Quantitative Momentum ETF during the first quarter worth $403,000. Sankala Group LLC purchased a new position in Alpha Architect International Quantitative Momentum ETF during the fourth quarter worth about $353,000. Baker Boyer National Bank boosted its stake in Alpha Architect International Quantitative Momentum ETF by 2.4% in the 4th quarter. Baker Boyer National Bank now owns 84,952 shares of the company’s stock worth $3,238,000 after buying an additional 2,028 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in Alpha Architect International Quantitative Momentum ETF in the 3rd quarter worth about $777,000.

About Alpha Architect International Quantitative Momentum ETF

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.