Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Sees Significant Drop in Short Interest

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 25,982 shares, a decrease of 33.5% from the June 30th total of 39,083 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 25,460 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Alpha Architect International Quantitative Value ETF

An institutional investor recently bought a new stake in Alpha Architect International Quantitative Value ETF stock. Sankala Group LLC purchased a new position in Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,693 shares of the company’s stock, valued at approximately $494,000. Sankala Group LLC owned 0.27% of Alpha Architect International Quantitative Value ETF at the end of the most recent reporting period.

Alpha Architect International Quantitative Value ETF Stock Performance

Shares of NASDAQ IVAL opened at $36.18 on Friday. Alpha Architect International Quantitative Value ETF has a fifty-two week low of $27.51 and a fifty-two week high of $37.00. The company has a market cap of $220.70 million, a price-to-earnings ratio of 9.72 and a beta of 0.74. The business’s 50 day moving average price is $35.15 and its 200-day moving average price is $34.77.

Alpha Architect International Quantitative Value ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were paid a $0.3985 dividend. The ex-dividend date was Monday, June 29th. This is a positive change from Alpha Architect International Quantitative Value ETF’s previous dividend of $0.14.

About Alpha Architect International Quantitative Value ETF

The Alpha Architect International Quantitative Value ETF (IVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality. IVAL was launched on Dec 17, 2014 and is issued by Alpha Architect.