Short Interest in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Expands By 23.0%

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 28,900 shares, a growth of 23.0% from the December 15th total of 23,500 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is presently 1.8 days.

Alpha Architect U.S. Quantitative Value ETF Price Performance

NASDAQ QVAL traded up $0.28 during trading hours on Friday, hitting $46.03. 20,226 shares of the company’s stock traded hands, compared to its average volume of 17,639. The company has a market capitalization of $384.81 million, a PE ratio of 6.32 and a beta of 1.30. Alpha Architect U.S. Quantitative Value ETF has a 52-week low of $39.33 and a 52-week high of $47.88. The firm’s 50-day moving average is $45.84 and its 200-day moving average is $44.98.

Alpha Architect U.S. Quantitative Value ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a $0.211 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Alpha Architect U.S. Quantitative Value ETF’s previous dividend of $0.15.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Alpha Architect U.S. Quantitative Value ETF stock. Baker Boyer National Bank boosted its position in shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) by 7.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,878 shares of the company’s stock after purchasing an additional 1,120 shares during the period. Baker Boyer National Bank owned approximately 0.19% of Alpha Architect U.S. Quantitative Value ETF worth $733,000 at the end of the most recent quarter.

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.