Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Down 67.5% in August

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 10,155 shares, a drop of 67.5% from the July 30th total of 31,222 shares. Based on an average daily trading volume, of 15,157 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

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

Institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the first quarter worth $58,000. Opal Capital LLC purchased a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter valued at approximately $300,000. Sankala Group LLC bought a new stake in Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth $650,000. Baker Boyer National Bank raised its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% in the fourth quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock valued at $1,123,000 after acquiring an additional 199 shares during the period. Finally, Stillwater Private Wealth LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF in the 1st quarter worth about $1,420,000.

Alpha Architect U.S. Quantitative Momentum ETF Trading Up 1.1%

NASDAQ:QMOM opened at $75.02 on Thursday. The company has a market cap of $429.86 million, a PE ratio of 27.79 and a beta of 1.07. Alpha Architect U.S. Quantitative Momentum ETF has a 12 month low of $60.24 and a 12 month high of $81.95. The company has a 50 day simple moving average of $76.07 and a two-hundred day simple moving average of $74.65.

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.