Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Down 55.0% in February

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a significant decline in short interest in the month of 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 daily trading volume, of 39,100 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Momentum ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Aspect Partners LLC raised its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 157.8% in the 4th quarter. Aspect Partners LLC now owns 1,312 shares of the company’s stock valued at $84,000 after buying an additional 803 shares in the last quarter. Ancora Advisors LLC bought a new position in Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter valued at approximately $263,000. Fifth Third Securities Inc. acquired a new position in Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter valued at approximately $421,000. Baker Boyer National Bank raised its position in Alpha Architect U.S. Quantitative Momentum ETF by 2.3% during the fourth quarter. Baker Boyer National Bank now owns 10,868 shares of the company’s stock valued at $697,000 after purchasing an additional 245 shares in the last quarter. Finally, Advantage Trust Co bought a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth $912,000.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

NASDAQ:QMOM traded up $0.84 during trading hours on Friday, reaching $62.38. 18,788 shares of the company were exchanged, compared to its average volume of 40,974. The business has a 50 day moving average of $66.18 and a 200 day moving average of $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 company has a market capitalization of $303.17 million, a P/E ratio of 11.02 and a beta of 1.08.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

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

About Alpha Architect U.S. Quantitative Momentum ETF

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.