GMO International Value ETF (NYSEARCA:GMOI) Short Interest Update
by Scott Moore · The Cerbat GemGMO International Value ETF (NYSEARCA:GMOI – Get Free Report) was the recipient of a significant drop in short interest during 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 days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.
Hedge Funds Weigh In On GMO International Value ETF
Several institutional investors have recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. grew its stake in shares of GMO International Value ETF by 66.7% during 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 period. Fidelity D & D Bancorp Inc. boosted its holdings in GMO International Value ETF by 4.0% in the first quarter. Fidelity D & D Bancorp Inc. now owns 445,242 shares of the company’s stock valued at $16,131,000 after acquiring an additional 17,305 shares during the last quarter. HighTower Advisors LLC boosted its holdings in GMO International Value ETF by 30.0% in the fourth quarter. HighTower Advisors LLC now owns 720,793 shares of the company’s stock valued at $24,204,000 after acquiring an additional 166,129 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in GMO International Value ETF during the first quarter valued at about $858,000. Finally, Orcam Financial Group purchased a new stake in GMO International Value ETF during the fourth quarter valued at about $485,000.
GMO International Value ETF Price Performance
GMOI stock traded down $0.20 during midday trading on Tuesday, hitting $41.23. The stock had a trading volume of 241,388 shares, compared to its average volume of 103,062. The company’s 50-day moving average price is $40.37 and its 200 day moving average price is $38.35. The firm has a market cap of $560.66 million, a PE ratio of 10.16 and a beta of 0.18. GMO International Value ETF has a 12-month low of $30.41 and a 12-month high of $42.15.
GMO International Value ETF Dividend Announcement
The firm also recently disclosed a semiannual dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.1512 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a dividend yield of 81.0%.
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.