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

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

Alpha Architect International Quantitative Momentum ETF Trading Up 0.9 %

IMOM stock traded up $0.27 during trading on Wednesday, hitting $29.81. The company had a trading volume of 7,988 shares, compared to its average volume of 15,646. The company has a fifty day moving average price of $28.29 and a two-hundred day moving average price of $28.10. The company has a market cap of $88.54 million, a P/E ratio of 19.58 and a beta of 0.93. Alpha Architect International Quantitative Momentum ETF has a fifty-two week low of $24.27 and a fifty-two week high of $29.84.

Alpha Architect International Quantitative Momentum ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were paid 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.