Short Interest in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Grows By 52.1%

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 86,327 shares, an increase of 52.1% from the March 31st total of 56,743 shares. Based on an average daily volume of 27,499 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.9% of the company’s stock are sold short.

Alpha Architect U.S. Quantitative Value ETF Trading Down 0.2%

Alpha Architect U.S. Quantitative Value ETF stock opened at $54.35 on Tuesday. The company has a market capitalization of $511.98 million, a P/E ratio of 11.60 and a beta of 1.02. Alpha Architect U.S. Quantitative Value ETF has a 1-year low of $40.18 and a 1-year high of $55.85. The firm’s fifty day simple moving average is $52.77 and its 200-day simple moving average is $50.34.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a dividend of $0.2101 per share. The ex-dividend date was Monday, March 30th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Ethos Financial Group LLC raised its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 7.1% in the 3rd quarter. Ethos Financial Group LLC now owns 263,062 shares of the company’s stock valued at $12,272,000 after acquiring an additional 17,365 shares in the last quarter. Baker Boyer National Bank lifted its holdings in Alpha Architect U.S. Quantitative Value ETF by 3.7% in the 3rd quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock worth $1,170,000 after purchasing an additional 899 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Alpha Architect U.S. Quantitative Value ETF during the third quarter worth approximately $97,000. Finally, Sankala Group LLC acquired a new position in Alpha Architect U.S. Quantitative Value ETF during the fourth quarter valued at approximately $664,000.

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.