GMO International Value ETF (NYSEARCA:GMOI) Short Interest Update

GMO International Value ETF (NYSEARCA:GMOI) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 21,008 shares, a drop of 44.8% from the August 15th total of 38,081 shares. Based on an average trading volume of 126,718 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

GMO International Value ETF Stock Up 1.0%

Shares of GMOI stock traded up $0.42 on Thursday, reaching $41.41. The stock had a trading volume of 33,463 shares, compared to its average volume of 102,340. GMO International Value ETF has a 12 month low of $30.41 and a 12 month high of $42.15. The firm has a market capitalization of $563.18 million, a price-to-earnings ratio of 10.16 and a beta of 0.18. The firm’s 50-day moving average is $40.49 and its two-hundred day moving average is $38.40.

GMO International Value ETF Dividend Announcement

The firm also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.1512 per share. This represents a dividend yield of 81.0%. The ex-dividend date was Tuesday, June 30th.

Hedge Funds Weigh In On GMO International Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GMOI. J.W. Cole Advisors Inc. grew its stake in GMO International Value ETF by 66.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 52,060 shares of the company’s stock valued at $1,748,000 after buying an additional 20,839 shares during the last quarter. Fidelity D & D Bancorp Inc. acquired a new position in shares of GMO International Value ETF in the fourth quarter valued at approximately $14,370,000. HighTower Advisors LLC lifted its holdings in GMO International Value ETF by 30.0% during the 4th quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock worth $24,204,000 after purchasing an additional 166,129 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in GMO International Value ETF in the 1st quarter valued at $858,000. Finally, Orcam Financial Group acquired a new position in GMO International Value ETF in the 4th quarter valued at $485,000.

About GMO International Value ETF

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.