Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Sees Significant Decline in Short Interest

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 17,400 shares, a decrease of 56.4% from the February 28th total of 39,900 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 14,500 shares, the short-interest ratio is currently 1.2 days.

Alpha Architect International Quantitative Momentum ETF Stock Down 1.5 %

Shares of NASDAQ IMOM traded down $0.44 on Friday, reaching $28.68. 63,450 shares of the company’s stock traded hands, compared to its average volume of 18,662. The business’s 50 day simple moving average is $28.65 and its two-hundred day simple moving average is $28.16. The company has a market cap of $85.18 million, a price-to-earnings ratio of 16.44 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a 12 month low of $24.27 and a 12 month high of $29.84.

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.