Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Large Decrease in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 39,900 shares, a decrease of 20.8% from the February 13th total of 50,400 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,700 shares, the days-to-cover ratio is currently 3.1 days.

Alpha Architect International Quantitative Momentum ETF Price Performance

Shares of IMOM stock traded down $0.05 on Tuesday, hitting $29.54. 21,478 shares of the company’s stock were exchanged, compared to its average volume of 15,798. Alpha Architect International Quantitative Momentum ETF has a 12 month low of $24.27 and a 12 month high of $29.84. The stock has a market cap of $87.73 million, a P/E ratio of 19.58 and a beta of 0.93. The company has a 50 day moving average of $28.23 and a 200 day moving average of $28.08.

Alpha Architect International Quantitative Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were given a $1.2001 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

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.