Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Sees Large Increase in Short Interest

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 21,691 shares, a growth of 113.6% from the August 15th total of 10,155 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 16,511 shares, the days-to-cover ratio is currently 1.3 days.

Alpha Architect U.S. Quantitative Momentum ETF Trading Down 0.2%

NASDAQ QMOM traded down $0.18 on Tuesday, reaching $72.00. The company’s stock had a trading volume of 22,751 shares, compared to its average volume of 23,161. Alpha Architect U.S. Quantitative Momentum ETF has a 52 week low of $60.24 and a 52 week high of $81.95. The firm has a market cap of $363.60 million, a PE ratio of 27.79 and a beta of 1.06. The business has a 50-day moving average price of $74.89 and a 200 day moving average price of $74.84.

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

Large investors have recently added to or reduced their stakes in the company. Stillwater Private Wealth LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the first quarter worth $1,420,000. Parallel Advisors LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter worth $58,000. Finally, Sankala Group LLC bought a new stake in Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter valued at about $650,000.

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.