Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Sees Large Growth in Short Interest

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 32,628 shares, an increase of 21.6% from the January 15th total of 26,841 shares. Based on an average daily volume of 19,499 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 19,499 shares, the days-to-cover ratio is currently 1.7 days.

Alpha Architect U.S. Quantitative Momentum ETF Stock Up 1.7%

Shares of Alpha Architect U.S. Quantitative Momentum ETF stock traded up $1.18 on Wednesday, hitting $72.11. 8,455 shares of the company’s stock traded hands, compared to its average volume of 19,795. Alpha Architect U.S. Quantitative Momentum ETF has a 52-week low of $49.78 and a 52-week high of $72.25. The stock has a market cap of $379.30 million, a P/E ratio of 27.79 and a beta of 1.06. The firm’s 50-day moving average is $68.33 and its 200 day moving average is $65.66.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

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

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

A number of institutional investors have recently modified their holdings of the stock. Opal Capital LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth about $300,000. Baker Boyer National Bank grew its holdings 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 valued at $1,123,000 after purchasing an additional 199 shares during the last quarter. Advantage Trust Co grew its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 5.1% during the fourth quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after purchasing an additional 2,175 shares during the last quarter. Finally, Ethos Financial Group LLC raised its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 40.2% during the 2nd quarter. Ethos Financial Group LLC now owns 121,773 shares of the company’s stock worth $7,913,000 after purchasing an additional 34,929 shares during the period.

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.