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

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 12,049 shares, a drop of 40.5% from the September 15th total of 20,267 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 31,706 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Alpha Architect U.S. Quantitative Value ETF stock. Stillwater Private Wealth LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 101,493 shares of the company’s stock, valued at approximately $5,291,000. Alpha Architect U.S. Quantitative Value ETF makes up approximately 4.5% of Stillwater Private Wealth LLC’s portfolio, making the stock its 5th biggest position. Stillwater Private Wealth LLC owned 1.08% of Alpha Architect U.S. Quantitative Value ETF at the end of the most recent quarter.

Alpha Architect U.S. Quantitative Value ETF Stock Down 0.1%

Shares of NASDAQ QVAL opened at $61.13 on Thursday. Alpha Architect U.S. Quantitative Value ETF has a 52 week low of $45.32 and a 52 week high of $62.73. The firm has a 50-day moving average price of $60.65 and a 200 day moving average price of $57.20. The stock has a market capitalization of $628.42 million, a price-to-earnings ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.2415 per share. The ex-dividend date was Monday, September 28th. This is an increase from Alpha Architect U.S. Quantitative Value ETF’s previous quarterly dividend of $0.1856. This represents a $0.97 annualized dividend and a yield of 1.6%.

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.