Short Interest in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Grows By 73.3%

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 26,841 shares, a growth of 73.3% from the December 31st total of 15,486 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 24,148 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 24,148 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the company’s shares are sold short.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

Shares of NASDAQ:QMOM traded down $2.39 during trading on Friday, reaching $67.88. 16,989 shares of the stock were exchanged, compared to its average volume of 21,894. Alpha Architect U.S. Quantitative Momentum ETF has a 12-month low of $49.78 and a 12-month high of $72.04. The firm has a market cap of $380.81 million, a price-to-earnings ratio of 27.79 and a beta of 1.06. The firm’s 50-day moving average price is $67.19 and its 200 day moving average price is $65.13.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.3541 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

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

A number of institutional investors have recently modified their holdings of QMOM. Ethos Financial Group LLC lifted its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 40.2% in the second quarter. Ethos Financial Group LLC now owns 121,773 shares of the company’s stock worth $7,913,000 after buying an additional 34,929 shares during the last quarter. Advantage Trust Co grew its position 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 valued at $2,918,000 after purchasing an additional 2,175 shares during the last quarter. Finally, Baker Boyer National Bank grew its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 3.6% in the third quarter. Baker Boyer National Bank now owns 16,994 shares of the company’s stock valued at $1,095,000 after purchasing an additional 589 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.