Short Interest in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Drops By 45.2%

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 47,415 shares, a decrease of 45.2% from the June 30th total of 86,500 shares. Based on an average daily volume of 37,555 shares, the short-interest ratio is presently 1.3 days. Currently, 0.5% of the company’s stock are sold short.

Alpha Architect U.S. Quantitative Value ETF Price Performance

QVAL stock traded down $0.84 during mid-day trading on Thursday, reaching $58.20. The company had a trading volume of 25,648 shares, compared to its average volume of 25,906. The company has a market capitalization of $581.42 million, a price-to-earnings ratio of 11.60 and a beta of 0.97. Alpha Architect U.S. Quantitative Value ETF has a 52 week low of $42.35 and a 52 week high of $59.43. The stock has a 50 day simple moving average of $56.23 and a two-hundred day simple moving average of $53.95.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.1856 dividend. The ex-dividend date of this dividend was Monday, June 29th.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new stake in Alpha Architect U.S. Quantitative Value ETF during the third quarter worth $97,000. Sankala Group LLC bought a new position in shares of Alpha Architect U.S. Quantitative Value ETF in the 4th quarter valued at about $664,000. Baker Boyer National Bank grew its position in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% in the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after acquiring an additional 261 shares during the period. Stillwater Private Wealth LLC acquired a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the 1st quarter worth about $5,291,000. Finally, Ethos Financial Group LLC increased its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 10.7% during the 4th quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock worth $14,208,000 after purchasing an additional 28,116 shares during the last quarter.

Alpha Architect U.S. Quantitative Value ETF Company Profile

The Alpha Architect US Quantitative Value ETF (QVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of US value stocks, screened for forensic accounting and earnings quality. QVAL was launched on Oct 22, 2014 and is issued by Alpha Architect.