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

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 15,486 shares, an increase of 154.3% from the December 15th total of 6,089 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 22,131 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 22,131 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

Alpha Architect U.S. Quantitative Momentum ETF Trading Up 2.0%

QMOM traded up $1.39 during trading hours on Thursday, hitting $70.73. 17,425 shares of the company’s stock were exchanged, compared to its average volume of 24,272. The firm has a market cap of $371.33 million, a P/E ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a 12-month low of $49.78 and a 12-month high of $70.89. The firm has a 50 day moving average of $65.65 and a 200 day moving average of $64.58.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

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

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

Several institutional investors have recently modified their holdings of the company. Ethos Financial Group LLC lifted its position in 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 acquiring an additional 34,929 shares during the period. Advantage Trust Co raised its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 2.6% during the second quarter. Advantage Trust Co now owns 35,249 shares of the company’s stock worth $2,290,000 after purchasing an additional 891 shares during the last quarter. Finally, Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 3.2% during the second quarter. Baker Boyer National Bank now owns 16,405 shares of the company’s stock worth $1,066,000 after purchasing an additional 511 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.