Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Short Interest Update

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the target of a significant 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 volume of 19,000 shares, the days-to-cover ratio is currently 1.7 days.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

Several hedge funds have recently made changes to their positions in QVAL. JPMorgan Chase & Co. lifted its stake 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 valued at $51,000 after purchasing an additional 947 shares during the period. Aspect Partners LLC grew its position in shares of Alpha Architect U.S. Quantitative Value ETF by 11.3% in the 4th quarter. Aspect Partners LLC now owns 9,911 shares of the company’s stock worth $442,000 after buying an additional 1,005 shares during the period. Baker Boyer National Bank boosted its stake in Alpha Architect U.S. Quantitative Value ETF by 1.9% during the fourth quarter. Baker Boyer National Bank now owns 16,179 shares of the company’s stock worth $722,000 after acquiring an additional 301 shares in the last quarter. Ethos Financial Group LLC boosted its stake 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 in the last quarter. Finally, Menlo Advisors LLC grew its holdings in Alpha Architect U.S. Quantitative Value ETF by 1.1% in the fourth quarter. Menlo Advisors LLC now owns 251,355 shares of the company’s stock worth $11,220,000 after purchasing an additional 2,825 shares during the period.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

QVAL traded up $0.25 on Thursday, hitting $44.77. 2,626 shares of the company were exchanged, compared to its average volume of 22,469. Alpha Architect U.S. Quantitative Value ETF has a 12 month low of $40.54 and a 12 month high of $47.88. The firm has a fifty day simple moving average of $45.51 and a two-hundred day simple moving average of $45.26. The stock has a market capitalization of $380.10 million, a PE ratio of 6.32 and a beta of 1.30.

Alpha Architect U.S. Quantitative Value ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were given a dividend of $0.211 per share. This is a positive change from Alpha Architect U.S. Quantitative Value ETF’s previous dividend of $0.15. The ex-dividend date of this dividend 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.