Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Short Interest Up 8.5% in November

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 44,800 shares, an increase of 8.5% from the November 15th total of 41,300 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is currently 7.7 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alpha Architect International Quantitative Momentum ETF stock. Baker Boyer National Bank lifted its position in Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) by 9.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,033 shares of the company’s stock after purchasing an additional 6,556 shares during the quarter. Alpha Architect International Quantitative Momentum ETF accounts for about 0.7% of Baker Boyer National Bank’s holdings, making the stock its 16th largest holding. Baker Boyer National Bank owned approximately 2.61% of Alpha Architect International Quantitative Momentum ETF worth $2,073,000 at the end of the most recent reporting period.

Alpha Architect International Quantitative Momentum ETF Stock Up 0.5 %

NASDAQ IMOM opened at $28.31 on Tuesday. The company has a market cap of $81.53 million, a PE ratio of 9.11 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a 52 week low of $24.27 and a 52 week high of $29.53. The firm’s 50-day simple moving average is $28.14 and its two-hundred day simple moving average is $28.04.

Alpha Architect International Quantitative Momentum ETF Company Profile

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.