Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Update

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 6,300 shares, a growth of 43.2% from the May 15th total of 4,400 shares. Based on an average daily trading volume, of 9,000 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alpha Architect International Quantitative Momentum ETF stock. Baker Boyer National Bank raised its holdings in shares of Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) by 28.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,151 shares of the company’s stock after buying an additional 13,587 shares during the quarter. Alpha Architect International Quantitative Momentum ETF comprises about 0.6% of Baker Boyer National Bank’s holdings, making the stock its 16th largest position. Baker Boyer National Bank owned 2.26% of Alpha Architect International Quantitative Momentum ETF worth $1,638,000 at the end of the most recent quarter.

Alpha Architect International Quantitative Momentum ETF Trading Down 1.5 %

Shares of IMOM stock traded down $0.42 during trading hours on Friday, reaching $27.20. The stock had a trading volume of 21,500 shares, compared to its average volume of 11,776. The stock’s fifty day simple moving average is $28.10 and its 200 day simple moving average is $27.73. The firm has a market capitalization of $80.78 million, a PE ratio of 9.11 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a 12 month low of $23.18 and a 12 month high of $29.53.

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.