Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) Sees Large Drop in Short Interest

Alpha Architect Global Factor Equity ETF (NASDAQ:AAVM) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 12 shares, a drop of 98.0% from the November 30th total of 613 shares. Based on an average daily volume of 1,720 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,720 shares, the short-interest ratio is currently 0.0 days.

Alpha Architect Global Factor Equity ETF Stock Performance

Alpha Architect Global Factor Equity ETF stock opened at $30.47 on Friday. The business’s fifty day moving average is $29.26 and its two-hundred day moving average is $28.15. The firm has a market cap of $20.41 million, a P/E ratio of 13.56 and a beta of 0.51. Alpha Architect Global Factor Equity ETF has a 52 week low of $21.10 and a 52 week high of $30.47.

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.