GMO International Value ETF (NYSEARCA:GMOI) Sees Large Growth in Short Interest

by · The Cerbat Gem

GMO International Value ETF (NYSEARCA:GMOIGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 113,009 shares, an increase of 68.7% from the November 30th total of 66,982 shares. Based on an average daily volume of 41,392 shares, the short-interest ratio is currently 2.7 days. Approximately 1.9% of the shares of the company are short sold. Approximately 1.9% of the shares of the company are short sold. Based on an average daily volume of 41,392 shares, the short-interest ratio is currently 2.7 days.

GMO International Value ETF Stock Performance

Shares of NYSEARCA:GMOI traded down $0.07 during trading on Monday, reaching $34.03. The company had a trading volume of 17,271 shares, compared to its average volume of 44,573. The firm has a market capitalization of $200.78 million, a PE ratio of 10.16 and a beta of 0.90. The firm’s fifty day moving average is $32.42 and its 200 day moving average is $31.09. GMO International Value ETF has a twelve month low of $23.36 and a twelve month high of $34.30.

Institutional Investors Weigh In On GMO International Value ETF

A hedge fund recently bought a new stake in GMO International Value ETF stock. Sunbelt Securities Inc. bought a new stake in GMO International Value ETF (NYSEARCA:GMOIFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,284 shares of the company’s stock, valued at approximately $475,000. Sunbelt Securities Inc. owned about 0.26% of GMO International Value ETF as of its most recent SEC filing.

GMO International Value ETF Company Profile

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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.

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