Short Interest in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Drops By 15.4%

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 32,059 shares, a decrease of 15.4% from the February 12th total of 37,888 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 18,634 shares, the days-to-cover ratio is presently 1.7 days. Based on an average trading volume of 18,634 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Momentum ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advantage Trust Co lifted its holdings in Alpha Architect U.S. Quantitative Momentum ETF by 5.1% in the 4th quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock worth $2,918,000 after buying an additional 2,175 shares in the last quarter. Baker Boyer National Bank increased its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% during the fourth quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock worth $1,123,000 after acquiring an additional 199 shares during the last quarter. Sankala Group LLC acquired a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth about $650,000. Finally, Opal Capital LLC acquired a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth about $300,000.

Alpha Architect U.S. Quantitative Momentum ETF Trading Up 1.2%

NASDAQ:QMOM traded up $0.84 during trading hours on Monday, hitting $68.99. The stock had a trading volume of 2,038 shares, compared to its average volume of 21,163. The company has a market cap of $362.89 million, a PE ratio of 27.79 and a beta of 1.06. The business has a 50 day simple moving average of $70.12 and a two-hundred day simple moving average of $66.72. Alpha Architect U.S. Quantitative Momentum ETF has a 1-year low of $49.78 and a 1-year high of $74.03.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.3541 dividend. The ex-dividend date was Tuesday, December 23rd.

Alpha Architect U.S. Quantitative Momentum ETF Company Profile

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.