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

GMO International Value ETF (NYSEARCA:GMOI) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 39,931 shares, a growth of 201.6% from the April 30th total of 13,239 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 61,906 shares, the days-to-cover ratio is presently 0.6 days.

GMO International Value ETF Stock Up 0.1%

Shares of NYSEARCA:GMOI traded up $0.05 during trading on Friday, hitting $38.24. 51,913 shares of the company traded hands, compared to its average volume of 97,466. The stock has a market capitalization of $451.23 million, a price-to-earnings ratio of 10.16 and a beta of 0.20. The business’s fifty day moving average is $37.18 and its 200-day moving average is $35.58. GMO International Value ETF has a one year low of $28.20 and a one year high of $38.53.

Hedge Funds Weigh In On GMO International Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Signature Equity Partners LLC acquired a new position in shares of GMO International Value ETF during the first quarter valued at $28,000. Sanctuary Advisors LLC bought a new stake in GMO International Value ETF in the 1st quarter valued at about $211,000. International Assets Investment Management LLC lifted its position in GMO International Value ETF by 120.6% in the 1st quarter. International Assets Investment Management LLC now owns 17,222 shares of the company’s stock valued at $631,000 after purchasing an additional 9,415 shares during the last quarter. Fidelity D & D Bancorp Inc. boosted its stake in GMO International Value ETF by 4.0% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 445,242 shares of the company’s stock valued at $16,131,000 after purchasing an additional 17,305 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in GMO International Value ETF in the 1st quarter worth about $858,000.

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.