GMO International Value ETF (NYSEARCA:GMOI) Shares Shorted: Short Interest Up 2,047.0% in October

GMO International Value ETF (NYSEARCA:GMOI) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 283,039 shares, a growth of 2,047.0% from the September 30th total of 13,183 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average trading volume of 66,540 shares, the days-to-cover ratio is presently 4.3 days.

Hedge Funds Weigh In On GMO International Value ETF

Several hedge funds have recently modified their holdings of GMOI. Capital Investment Advisors LLC boosted its holdings in shares of GMO International Value ETF by 120.1% in the 3rd quarter. Capital Investment Advisors LLC now owns 124,784 shares of the company’s stock worth $4,948,000 after buying an additional 68,088 shares during the last quarter. Beaumont Financial Advisors LLC increased its holdings in GMO International Value ETF by 13.9% during the third quarter. Beaumont Financial Advisors LLC now owns 227,694 shares of the company’s stock worth $9,028,000 after buying an additional 27,863 shares during the last quarter. New England Private Wealth Advisors LLC increased its holdings in GMO International Value ETF by 0.6% during the third quarter. New England Private Wealth Advisors LLC now owns 101,890 shares of the company’s stock worth $4,040,000 after buying an additional 649 shares during the last quarter. Tempus Wealth Planning LLC raised its position in GMO International Value ETF by 115.4% in the third quarter. Tempus Wealth Planning LLC now owns 39,240 shares of the company’s stock worth $1,556,000 after acquiring an additional 21,020 shares during the period. Finally, Farther Finance Advisors LLC raised its position in GMO International Value ETF by 1,276.4% in the third quarter. Farther Finance Advisors LLC now owns 27,734 shares of the company’s stock worth $1,100,000 after acquiring an additional 25,719 shares during the period.

GMO International Value ETF Trading Up 0.0%

NYSEARCA GMOI traded up $0.02 on Tuesday, hitting $40.33. 35,769 shares of the company were exchanged, compared to its average volume of 95,932. The company has a market cap of $689.64 million, a PE ratio of 10.16 and a beta of 0.21. GMO International Value ETF has a 12 month low of $30.95 and a 12 month high of $42.15. The stock has a fifty day moving average of $40.61 and a 200-day moving average of $38.18.

GMO International Value ETF Company Profile

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.