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

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 38,500 shares, an increase of 16.3% from the February 13th total of 33,100 shares. Based on an average daily volume of 24,600 shares, the short-interest ratio is presently 1.6 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 473.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,147 shares of the company’s stock worth $51,000 after acquiring an additional 947 shares during the period. Ethos Financial Group LLC raised its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 19.1% in the 4th quarter. Ethos Financial Group LLC now owns 203,392 shares of the company’s stock valued at $9,079,000 after buying an additional 32,689 shares in the last quarter. Menlo Advisors LLC raised its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 1.1% in the 4th quarter. Menlo Advisors LLC now owns 251,355 shares of the company’s stock valued at $11,220,000 after buying an additional 2,825 shares in the last quarter. Aspect Partners LLC lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 11.3% during the 4th quarter. Aspect Partners LLC now owns 9,911 shares of the company’s stock worth $442,000 after acquiring an additional 1,005 shares during the period. Finally, Baker Boyer National Bank boosted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 1.9% during the 4th quarter. Baker Boyer National Bank now owns 16,179 shares of the company’s stock valued at $722,000 after acquiring an additional 301 shares in the last quarter.

Alpha Architect U.S. Quantitative Value ETF Stock Up 0.4 %

Shares of QVAL traded up $0.16 during midday trading on Wednesday, reaching $43.05. 6,211 shares of the stock were exchanged, compared to its average volume of 26,725. The company has a market cap of $365.49 million, a price-to-earnings ratio of 11.13 and a beta of 1.30. The firm has a 50 day simple moving average of $44.79 and a 200-day simple moving average of $45.28. Alpha Architect U.S. Quantitative Value ETF has a 12-month low of $41.23 and a 12-month high of $47.88.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.0991 per share. The ex-dividend date of this dividend was Thursday, March 13th.

Alpha Architect U.S. Quantitative Value ETF Company Profile

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.