Short Interest in GMO International Value ETF (NYSEARCA:GMOI) Decreases By 85.3%

GMO International Value ETF (NYSEARCA:GMOI) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 71,809 shares, a decline of 85.3% from the February 12th total of 489,907 shares. Based on an average daily volume of 103,025 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 103,025 shares, the days-to-cover ratio is presently 0.7 days.

GMO International Value ETF Price Performance

NYSEARCA:GMOI traded up $0.07 during midday trading on Wednesday, hitting $36.21. The company’s stock had a trading volume of 57,007 shares, compared to its average volume of 148,134. GMO International Value ETF has a fifty-two week low of $23.36 and a fifty-two week high of $38.15. The firm’s 50 day moving average is $35.95 and its 200-day moving average is $33.33. The firm has a market cap of $354.86 million, a P/E ratio of 10.16 and a beta of 0.90.

GMO International Value ETF Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.3486 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GMOI. Centurion Wealth Management LLC boosted its holdings in GMO International Value ETF by 17.6% in the fourth quarter. Centurion Wealth Management LLC now owns 10,000 shares of the company’s stock valued at $336,000 after purchasing an additional 1,500 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of GMO International Value ETF by 13.6% during the 4th quarter. Kestra Private Wealth Services LLC now owns 16,910 shares of the company’s stock valued at $568,000 after buying an additional 2,028 shares during the last quarter. Pathway Financial Advisors LLC lifted its holdings in shares of GMO International Value ETF by 11.3% in the 4th quarter. Pathway Financial Advisors LLC now owns 49,388 shares of the company’s stock valued at $1,686,000 after buying an additional 5,021 shares during the period. International Assets Investment Management LLC acquired a new position in shares of GMO International Value ETF in the 4th quarter valued at about $262,000. Finally, Aspen Investment Management Inc purchased a new stake in shares of GMO International Value ETF in the fourth quarter worth about $422,000.

About GMO International Value ETF

The GMO International Value ETF (GMOI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in international equity markets. The fund aims to capitalize on perceived market dislocations, using proprietary methods to identify undervalued equities with positive return potential GMOI was launched on Oct 28, 2024 and is issued by GMO.