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

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

Alpha Architect International Quantitative Momentum ETF Stock Down 1.5 %

NASDAQ IMOM traded down $0.44 on Friday, hitting $28.68. 63,450 shares of the stock were exchanged, compared to its average volume of 18,662. Alpha Architect International Quantitative Momentum ETF has a fifty-two week low of $24.27 and a fifty-two week high of $29.84. The company has a 50-day moving average price of $28.65 and a 200-day moving average price of $28.16. The company has a market cap of $85.18 million, a PE ratio of 16.44 and a beta of 0.93.

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.