Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Shares Shorted: Short Interest Up 367.9% in September

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 9,106 shares, a growth of 367.9% from the August 31st total of 1,946 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 1,841 shares, the days-to-cover ratio is presently 4.9 days.

Alpha Architect Global Factor Equity ETF Trading Up 0.5%

NASDAQ AAVM traded up $0.17 during trading hours on Friday, hitting $33.78. 2,127 shares of the company’s stock were exchanged, compared to its average volume of 2,424. The firm has a market cap of $26.35 million, a price-to-earnings ratio of 13.56 and a beta of 0.56. The stock has a 50-day simple moving average of $34.14 and a 200 day simple moving average of $33.55. Alpha Architect Global Factor Equity ETF has a 1-year low of $27.98 and a 1-year high of $35.01.

About Alpha Architect Global Factor Equity ETF

The Alpha Architect Global Factor Equity ETF (AAVM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund investing primarily in four value- and momentum-oriented ETFs from the issuer. The fund-of-funds uses a proprietary, momentum-driven model to allocate its portfolio AAVM was launched on May 3, 2017 and is issued by Alpha Architect.