Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) Shares Shorted: Short Interest Up 201.1% in October

Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 71,476 shares, an increase of 201.1% from the September 30th total of 23,737 shares. Currently, 1.8% of the shares of the stock are sold short. Based on an average trading volume of 12,186 shares, the short-interest ratio is presently 5.9 days.

Alpha Architect International Quantitative Momentum ETF Price Performance

Shares of NASDAQ:IMOM traded down $0.90 during mid-day trading on Friday, reaching $36.96. 13,309 shares of the company were exchanged, compared to its average volume of 18,410. The firm has a market cap of $144.14 million, a price-to-earnings ratio of 23.34 and a beta of 0.94. Alpha Architect International Quantitative Momentum ETF has a 1 year low of $36.20 and a 1 year high of $46.17. The firm’s 50-day simple moving average is $40.11 and its 200 day simple moving average is $42.06.

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.