Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Down 55.0% in February

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 13,800 shares, a decline of 55.0% from the January 31st total of 30,700 shares. Based on an average daily trading volume, of 39,100 shares, the days-to-cover ratio is currently 0.4 days.

Alpha Architect U.S. Quantitative Momentum ETF Trading Down 1.0 %

Shares of NASDAQ QMOM traded down $0.65 during mid-day trading on Monday, hitting $61.73. The company had a trading volume of 18,291 shares, compared to its average volume of 40,391. The firm has a 50-day simple moving average of $66.18 and a two-hundred day simple moving average of $65.49. The company has a market capitalization of $300.01 million, a PE ratio of 11.02 and a beta of 1.08. Alpha Architect U.S. Quantitative Momentum ETF has a one year low of $53.34 and a one year high of $72.19.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were given a dividend of $0.9009 per share. The ex-dividend date was Tuesday, December 24th.

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Momentum ETF

A number of institutional investors and hedge funds have recently made changes to their positions in QMOM. Baker Boyer National Bank raised its position in Alpha Architect U.S. Quantitative Momentum ETF by 2.3% during the fourth quarter. Baker Boyer National Bank now owns 10,868 shares of the company’s stock worth $697,000 after acquiring an additional 245 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth about $421,000. Aspect Partners LLC raised its stake in Alpha Architect U.S. Quantitative Momentum ETF by 157.8% in the fourth quarter. Aspect Partners LLC now owns 1,312 shares of the company’s stock valued at $84,000 after buying an additional 803 shares during the period. Advantage Trust Co bought a new stake in Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter valued at $912,000. Finally, Ethos Financial Group LLC lifted its holdings in Alpha Architect U.S. Quantitative Momentum ETF by 23.5% during the 4th quarter. Ethos Financial Group LLC now owns 86,844 shares of the company’s stock valued at $5,569,000 after purchasing an additional 16,543 shares during the last quarter.

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.