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 June. As of June 15th, there was short interest totaling 8,409 shares, a decrease of 50.6% from the May 31st total of 17,021 shares. Based on an average trading volume of 41,577 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

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

Several hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the first quarter worth about $58,000. Opal Capital LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter worth approximately $300,000. Sankala Group LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter worth approximately $650,000. Baker Boyer National Bank grew its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% during the 4th quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock worth $1,123,000 after purchasing an additional 199 shares in the last quarter. Finally, Stillwater Private Wealth LLC acquired a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter worth approximately $1,420,000.

Alpha Architect U.S. Quantitative Momentum ETF Trading Up 0.6%

NASDAQ:QMOM traded up $0.50 during trading hours on Tuesday, hitting $78.62. 2,657 shares of the company traded hands, compared to its average volume of 25,380. Alpha Architect U.S. Quantitative Momentum ETF has a twelve month low of $60.24 and a twelve month high of $81.95. The firm has a 50-day moving average of $77.97 and a 200 day moving average of $72.37. The stock has a market capitalization of $445.78 million, a price-to-earnings ratio of 27.79 and a beta of 1.05.

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.