Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Update

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 17,021 shares, a decline of 65.5% from the May 14th total of 49,285 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 38,086 shares, the short-interest ratio is currently 0.4 days.

Alpha Architect U.S. Quantitative Momentum ETF Stock Down 2.4%

Shares of NASDAQ QMOM opened at $74.63 on Thursday. The business has a fifty day simple moving average of $76.27 and a two-hundred day simple moving average of $71.09. The firm has a market cap of $423.15 million, a PE ratio of 27.79 and a beta of 1.05. Alpha Architect U.S. Quantitative Momentum ETF has a twelve month low of $60.24 and a twelve month high of $81.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter worth $58,000. Opal Capital LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $300,000. Sankala Group LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $650,000. Baker Boyer National Bank grew its stake in Alpha Architect U.S. Quantitative Momentum ETF by 1.2% during the 4th quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock worth $1,123,000 after buying an additional 199 shares during the last quarter. Finally, Stillwater Private Wealth LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter worth $1,420,000.

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.