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

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 13,800 shares, a decline of 55.0% from the January 31st total of 30,700 shares. Based on an average trading volume of 39,100 shares, the short-interest ratio is currently 0.4 days.

Alpha Architect U.S. Quantitative Momentum ETF Trading Up 1.4 %

QMOM traded up $0.84 during midday trading on Friday, reaching $62.38. The company’s stock had a trading volume of 18,788 shares, compared to its average volume of 40,974. The stock’s 50-day moving average is $66.18 and its 200-day moving average is $65.44. Alpha Architect U.S. Quantitative Momentum ETF has a 1 year low of $53.34 and a 1 year high of $72.19. The firm has a market capitalization of $303.17 million, a price-to-earnings ratio of 11.02 and a beta of 1.08.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were given a dividend of $0.9009 per share. The ex-dividend date was Tuesday, December 24th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QMOM. Ethos Financial Group LLC increased its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 23.5% during the fourth quarter. Ethos Financial Group LLC now owns 86,844 shares of the company’s stock valued at $5,569,000 after acquiring an additional 16,543 shares in the last quarter. Advantage Trust Co purchased a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter valued at about $912,000. Fifth Third Securities Inc. bought a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter valued at about $421,000. Ancora Advisors LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth about $263,000. Finally, Aspect Partners LLC lifted its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 157.8% in the fourth quarter. Aspect Partners LLC now owns 1,312 shares of the company’s stock worth $84,000 after buying an additional 803 shares in the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Company Profile

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.