Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Down 42.2% in December

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,089 shares, a drop of 42.2% from the November 30th total of 10,529 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 16,916 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 16,916 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Alpha Architect U.S. Quantitative Momentum ETF Trading Up 0.0%

QMOM stock traded up $0.02 during trading on Tuesday, hitting $66.19. The company had a trading volume of 14,270 shares, compared to its average volume of 31,769. The firm has a market capitalization of $344.85 million, a price-to-earnings ratio of 27.79 and a beta of 1.06. The business has a 50 day moving average of $65.31 and a 200 day moving average of $64.23. Alpha Architect U.S. Quantitative Momentum ETF has a fifty-two week low of $49.78 and a fifty-two week high of $69.59.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a dividend of $0.3541 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Momentum ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QMOM. Baker Boyer National Bank grew its holdings in Alpha Architect U.S. Quantitative Momentum ETF by 3.2% during the 2nd quarter. Baker Boyer National Bank now owns 16,405 shares of the company’s stock worth $1,066,000 after acquiring an additional 511 shares during the period. Advantage Trust Co increased its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 2.6% during the 2nd quarter. Advantage Trust Co now owns 35,249 shares of the company’s stock valued at $2,290,000 after purchasing an additional 891 shares during the last quarter. Finally, Ethos Financial Group LLC raised its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 40.2% in the 2nd quarter. Ethos Financial Group LLC now owns 121,773 shares of the company’s stock valued at $7,913,000 after acquiring an additional 34,929 shares in 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.