Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Significant Increase in Short Interest

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 30,010 shares, a growth of 28.0% from the December 31st total of 23,445 shares. Based on an average trading volume of 21,819 shares, the short-interest ratio is currently 1.4 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 21,819 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in QVAL. Ethos Financial Group LLC raised its position in shares of Alpha Architect U.S. Quantitative Value ETF by 20.8% during the 2nd quarter. Ethos Financial Group LLC now owns 245,697 shares of the company’s stock worth $10,813,000 after acquiring an additional 42,305 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at approximately $97,000. Finally, Baker Boyer National Bank boosted its holdings in Alpha Architect U.S. Quantitative Value ETF by 3.7% in the third quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock valued at $1,170,000 after purchasing an additional 899 shares in the last quarter.

Alpha Architect U.S. Quantitative Value ETF Trading Up 0.6%

Shares of QVAL opened at $52.16 on Wednesday. The firm has a market capitalization of $478.31 million, a price-to-earnings ratio of 11.60 and a beta of 1.08. The firm’s fifty day simple moving average is $49.97 and its 200-day simple moving average is $47.20. Alpha Architect U.S. Quantitative Value ETF has a twelve month low of $36.77 and a twelve month high of $52.48.

Alpha Architect U.S. Quantitative Value ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.2421 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

About Alpha Architect U.S. Quantitative Value ETF

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.