Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Shares Shorted: Short Interest Down 73.1% in October

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 3,315 shares, a decrease of 73.1% from the September 30th total of 12,341 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 1,870 shares, the short-interest ratio is currently 1.8 days.

Alpha Architect Global Factor Equity ETF Price Performance

Shares of AAVM traded up $0.18 on Thursday, reaching $34.06. 1,851 shares of the stock traded hands, compared to its average volume of 2,330. The firm has a market cap of $26.90 million, a price-to-earnings ratio of 13.56 and a beta of 0.55. Alpha Architect Global Factor Equity ETF has a 12 month low of $28.05 and a 12 month high of $35.01. The stock’s 50-day moving average price is $34.06 and its 200-day moving average price is $33.35.

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.