Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Up 21.6% in January

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 32,628 shares, an increase of 21.6% from the January 15th total of 26,841 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 19,499 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 19,499 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the company’s shares are short sold.

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

Institutional investors have recently modified their holdings of the company. Opal Capital LLC acquired a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth about $300,000. Baker Boyer National Bank grew its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 3.6% during the third quarter. Baker Boyer National Bank now owns 16,994 shares of the company’s stock worth $1,095,000 after buying an additional 589 shares in the last quarter. Advantage Trust Co increased its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 2.6% in the second quarter. Advantage Trust Co now owns 35,249 shares of the company’s stock worth $2,290,000 after buying an additional 891 shares during the last quarter. Finally, Ethos Financial Group LLC raised its holdings in 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 valued at $7,913,000 after acquiring an additional 34,929 shares in the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

Shares of NASDAQ QMOM opened at $71.51 on Thursday. The firm has a market cap of $376.14 million, a P/E ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a 1 year low of $49.78 and a 1 year high of $72.25. The firm’s 50 day moving average price is $68.43 and its 200 day moving average price is $65.71.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

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

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.