Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Down 42.8% in January

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 30,700 shares, a decrease of 42.8% from the January 15th total of 53,700 shares. Based on an average trading volume of 36,300 shares, the days-to-cover ratio is currently 0.8 days.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

Shares of Alpha Architect U.S. Quantitative Momentum ETF stock traded down $1.07 on Thursday, hitting $66.41. The company’s stock had a trading volume of 8,273 shares, compared to its average volume of 36,853. Alpha Architect U.S. Quantitative Momentum ETF has a 1 year low of $53.06 and a 1 year high of $72.19. The firm has a fifty day moving average price of $66.91 and a 200-day moving average price of $64.86. The company has a market capitalization of $322.75 million, a price-to-earnings ratio of 11.02 and a beta of 1.08.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.9009 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Ethos Financial Group LLC boosted its holdings in Alpha Architect U.S. Quantitative Momentum ETF by 23.5% during the 4th quarter. Ethos Financial Group LLC now owns 86,844 shares of the company’s stock valued at $5,569,000 after acquiring an additional 16,543 shares during the period. Advantage Trust Co purchased a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter valued at about $912,000. Aspect Partners LLC boosted its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 157.8% in the 4th quarter. Aspect Partners LLC now owns 1,312 shares of the company’s stock valued at $84,000 after buying an additional 803 shares during the period. Fifth Third Securities Inc. purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth approximately $421,000. Finally, Baker Boyer National Bank increased its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 2.3% in the 4th quarter. Baker Boyer National Bank now owns 10,868 shares of the company’s stock valued at $697,000 after acquiring an additional 245 shares during the last quarter.

About Alpha Architect U.S. Quantitative Momentum ETF

The Alpha Architect U.S. Quantitative Momentum ETF (QMOM) is an exchange-traded fund that is based on the QMOM-US – No underlying index. The fund is an active, equal-weighted portfolio of US stocks, screened for their strong and consistent momentum. QMOM was launched on Dec 2, 2015 and is issued by Alpha Architect.