Short Interest in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Drops By 41.1%

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 33,100 shares, a decline of 41.1% from the January 15th total of 56,200 shares. Based on an average daily trading volume, of 19,000 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Ethos Financial Group LLC grew its holdings in Alpha Architect U.S. Quantitative Value ETF by 19.1% during the fourth quarter. Ethos Financial Group LLC now owns 203,392 shares of the company’s stock worth $9,079,000 after acquiring an additional 32,689 shares during the period. Menlo Advisors LLC grew its position in Alpha Architect U.S. Quantitative Value ETF by 1.1% during the fourth 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 during the period. Baker Boyer National Bank grew its position in Alpha Architect U.S. Quantitative Value ETF by 7.6% during the third quarter. Baker Boyer National Bank now owns 15,878 shares of the company’s stock valued at $733,000 after buying an additional 1,120 shares during the period. Aspect Partners LLC increased its holdings in Alpha Architect U.S. Quantitative Value ETF by 11.3% in the fourth quarter. Aspect Partners LLC now owns 9,911 shares of the company’s stock valued at $442,000 after buying an additional 1,005 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Alpha Architect U.S. Quantitative Value ETF by 473.5% in the fourth 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.

Alpha Architect U.S. Quantitative Value ETF Trading Up 0.6 %

Shares of NASDAQ QVAL traded up $0.25 during midday trading on Thursday, reaching $44.77. The company had a trading volume of 2,626 shares, compared to its average volume of 22,469. The stock has a market cap of $380.10 million, a P/E ratio of 6.32 and a beta of 1.30. The business’s 50-day simple moving average is $45.51 and its 200 day simple moving average is $45.26. Alpha Architect U.S. Quantitative Value ETF has a 1 year low of $40.54 and a 1 year high of $47.88.

Alpha Architect U.S. Quantitative Value ETF Increases Dividend

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

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.