Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Stock Short Interest Jumps 367.9%

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 9,106 shares, an increase of 367.9% from the August 31st total of 1,946 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 1,841 shares, the days-to-cover ratio is currently 4.9 days.

Alpha Architect Global Factor Equity ETF Trading Down 0.2%

AAVM stock opened at $33.61 on Friday. The stock’s 50 day simple moving average is $34.13 and its 200 day simple moving average is $33.55. Alpha Architect Global Factor Equity ETF has a 12-month low of $27.98 and a 12-month high of $35.01. The firm has a market cap of $26.22 million, a P/E ratio of 13.56 and a beta of 0.56.

Alpha Architect Global Factor Equity ETF Company Profile

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.