Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Sees Large Decrease in Short Interest

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 3,700 shares, a drop of 55.4% from the December 15th total of 8,300 shares. Based on an average daily trading volume, of 23,400 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Alpha Architect International Quantitative Value ETF

An institutional investor recently raised its position in Alpha Architect International Quantitative Value ETF stock. Baker Boyer National Bank boosted its stake in shares of Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,889 shares of the company’s stock after buying an additional 607 shares during the quarter. Baker Boyer National Bank owned 0.29% of Alpha Architect International Quantitative Value ETF worth $436,000 as of its most recent SEC filing.

Alpha Architect International Quantitative Value ETF Stock Performance

Shares of IVAL traded up $0.04 during trading hours on Tuesday, hitting $23.50. 30,815 shares of the stock were exchanged, compared to its average volume of 22,352. The stock’s 50-day moving average price is $24.31 and its two-hundred day moving average price is $24.76. The company has a market cap of $134.42 million, a price-to-earnings ratio of 5.51 and a beta of 0.97. Alpha Architect International Quantitative Value ETF has a 12-month low of $21.95 and a 12-month high of $27.11.

Alpha Architect International Quantitative Value ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were given a dividend of $0.2367 per share. The ex-dividend date was Tuesday, December 24th.

About Alpha Architect International Quantitative Value ETF

The Alpha Architect International Quantitative Value ETF (IVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality. IVAL was launched on Dec 17, 2014 and is issued by Alpha Architect.