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 significant decline in short interest in March. As of March 31st, there was short interest totalling 26,100 shares, a decline of 56.2% from the March 15th total of 59,600 shares. Based on an average daily trading volume, of 45,900 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short.

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

Several institutional investors have recently made changes to their positions in QMOM. Ethos Financial Group LLC raised its position in Alpha Architect U.S. Quantitative Momentum ETF by 23.5% in the 4th quarter. Ethos Financial Group LLC now owns 86,844 shares of the company’s stock worth $5,569,000 after purchasing an additional 16,543 shares during the last quarter. Advantage Trust Co acquired a new position in Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth $912,000. Baker Boyer National Bank raised its holdings 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. bought a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter valued at about $421,000. Finally, Ancora Advisors LLC bought a new position in Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth $263,000.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

Shares of Alpha Architect U.S. Quantitative Momentum ETF stock traded up $0.08 during midday trading on Friday, reaching $55.69. 34,760 shares of the company’s stock traded hands, compared to its average volume of 47,524. The company’s 50 day simple moving average is $59.48 and its 200 day simple moving average is $64.42. Alpha Architect U.S. Quantitative Momentum ETF has a 52 week low of $49.78 and a 52 week high of $72.19. The company has a market cap of $276.78 million, a price-to-earnings ratio of 24.74 and a beta of 1.08.

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.