Alpha Architect ETFs Report Sharp August Short-Interest Decline

A wave of notable short-interest decreases swept multiple Alpha Architect ETFs in August, with CAOS showing a 90.9% drop to 10,116 shares and BOXA down 96.2% to 284 shares, each reflecting renewed investor optimism. ABLG fell 96.7% to 195 shares, CVAR dropped 98.7% to 3 shares, and GMAR declined 99.1% to 155 shares, signaling broad shrinking of bearish bets across the funds. In each case, the stocks traded on modest gains on the noted dates, with CAOS at around 90.44, BOXA near 105.43, ABLG around 32.03, CVAR about 31.78, and GMAR near 44.95. The reported days-to-cover ratios were very low or near zero for all five ETFs, underscoring thin short interest relative to trading activity. Collectively, the articles depict a trend of shrinking short exposure across a diverse set of Alpha Architect funds, including tail-risk, aggregate bond, international leaders, Cultivar’s total market approach, and a U.S. equity risk-buffer strategy, as investors reposition holdings. While each ETF operates in a distinct niche, the common thread is a marked reduction in short interest during August, suggesting a more bullish or cautiously optimistic sentiment among market participants.