Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Short Interest Down 20.9% in March

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 54,094 shares, a decrease of 20.9% from the February 26th total of 68,387 shares. Based on an average trading volume of 26,278 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.6% of the company’s shares are sold short.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

Shares of NASDAQ:QVAL opened at $51.35 on Friday. The firm has a market cap of $470.37 million, a PE ratio of 11.60 and a beta of 1.08. Alpha Architect U.S. Quantitative Value ETF has a 52 week low of $36.77 and a 52 week high of $54.12. The firm’s fifty day moving average is $52.25 and its 200-day moving average is $49.30.

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

A number of hedge funds have recently modified their holdings of the stock. Sankala Group LLC bought a new position in Alpha Architect U.S. Quantitative Value ETF during the fourth quarter valued at $664,000. Baker Boyer National Bank raised its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% in the fourth quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after buying an additional 261 shares during the period. Ethos Financial Group LLC lifted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 10.7% during the 4th quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock valued at $14,208,000 after buying an additional 28,116 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter valued at $97,000.

Alpha Architect U.S. Quantitative Value ETF Company Profile

The Alpha Architect US Quantitative Value ETF (QVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of US value stocks, screened for forensic accounting and earnings quality. QVAL was launched on Oct 22, 2014 and is issued by Alpha Architect.