Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Up 73.3% in January

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 26,841 shares, a growth of 73.3% from the December 31st total of 15,486 shares. Based on an average daily volume of 24,148 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 24,148 shares, the days-to-cover ratio is presently 1.1 days.

Alpha Architect U.S. Quantitative Momentum ETF Stock Down 3.4%

NASDAQ:QMOM traded down $2.39 during trading hours on Friday, hitting $67.88. 16,989 shares of the stock were exchanged, compared to its average volume of 21,894. The company has a market capitalization of $380.81 million, a P/E ratio of 27.79 and a beta of 1.06. The company’s 50 day moving average is $67.19 and its two-hundred day moving average is $65.13. Alpha Architect U.S. Quantitative Momentum ETF has a twelve month low of $49.78 and a twelve month high of $72.04.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a $0.3541 dividend. The ex-dividend date was Tuesday, December 23rd.

Institutional Trading of Alpha Architect U.S. Quantitative Momentum ETF

A number of institutional investors have recently bought and sold shares of the business. Advantage Trust Co grew its stake in Alpha Architect U.S. Quantitative Momentum ETF by 5.1% in the fourth quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after acquiring an additional 2,175 shares during the period. Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 3.6% during the 3rd quarter. Baker Boyer National Bank now owns 16,994 shares of the company’s stock valued at $1,095,000 after purchasing an additional 589 shares in the last quarter. Finally, Ethos Financial Group LLC grew its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 40.2% in the 2nd quarter. Ethos Financial Group LLC now owns 121,773 shares of the company’s stock valued at $7,913,000 after purchasing an additional 34,929 shares during the period.

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.