Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Sees Large Growth in Short Interest

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 22,600 shares, an increase of 63.8% from the February 13th total of 13,800 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 40,400 shares, the short-interest ratio is currently 0.6 days.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

Shares of QMOM opened at $57.49 on Monday. The firm has a market capitalization of $279.40 million, a P/E ratio of 24.78 and a beta of 1.08. Alpha Architect U.S. Quantitative Momentum ETF has a one year low of $53.34 and a one year high of $72.19. The business has a fifty day moving average of $64.76 and a 200 day moving average of $65.27.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.9009 per share. The ex-dividend date was Tuesday, December 24th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Aspect Partners LLC grew its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 157.8% during the fourth quarter. Aspect Partners LLC now owns 1,312 shares of the company’s stock worth $84,000 after purchasing an additional 803 shares in the last quarter. Ancora Advisors LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter valued at about $263,000. Fifth Third Securities Inc. bought a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth about $421,000. Baker Boyer National Bank lifted its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 2.3% in the fourth quarter. Baker Boyer National Bank now owns 10,868 shares of the company’s stock worth $697,000 after buying an additional 245 shares in the last quarter. Finally, Advantage Trust Co purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth approximately $912,000.

Alpha Architect U.S. Quantitative Momentum ETF Company Profile

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.