Short Interest in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Declines By 42.2%

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 6,089 shares, a decline of 42.2% from the November 30th total of 10,529 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 16,916 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 16,916 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ethos Financial Group LLC boosted its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 40.2% during the 2nd quarter. Ethos Financial Group LLC now owns 121,773 shares of the company’s stock worth $7,913,000 after buying an additional 34,929 shares during the period. Advantage Trust Co grew its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 2.6% in the second quarter. Advantage Trust Co now owns 35,249 shares of the company’s stock valued at $2,290,000 after purchasing an additional 891 shares during the last quarter. Finally, Baker Boyer National Bank lifted its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 3.2% during the 2nd quarter. Baker Boyer National Bank now owns 16,405 shares of the company’s stock worth $1,066,000 after purchasing an additional 511 shares during the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

Shares of Alpha Architect U.S. Quantitative Momentum ETF stock traded down $0.07 during midday trading on Friday, reaching $66.72. 9,836 shares of the company’s stock traded hands, compared to its average volume of 31,863. Alpha Architect U.S. Quantitative Momentum ETF has a 52 week low of $49.78 and a 52 week high of $69.59. The company’s 50 day simple moving average is $65.28 and its 200 day simple moving average is $64.20. The company has a market cap of $347.61 million, a price-to-earnings ratio of 27.79 and a beta of 1.06.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.3541 per share. The ex-dividend date was Tuesday, December 23rd.

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.