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

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 17,021 shares, a decrease of 65.5% from the May 14th total of 49,285 shares. Based on an average trading volume of 38,086 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

QMOM stock opened at $74.63 on Thursday. Alpha Architect U.S. Quantitative Momentum ETF has a fifty-two week low of $60.24 and a fifty-two week high of $81.95. The business’s 50-day moving average is $76.27 and its two-hundred day moving average is $71.09. The company has a market cap of $423.15 million, a price-to-earnings ratio of 27.79 and a beta of 1.05.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Baker Boyer National Bank raised its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% in the fourth 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 period. Parallel Advisors LLC bought a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the first quarter worth about $58,000. Advantage Trust Co raised its stake in shares of 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 worth $2,918,000 after buying an additional 2,175 shares during the period. Opal Capital LLC bought a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth about $300,000. Finally, Sankala Group LLC bought a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth about $650,000.

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.