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

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

Alpha Architect U.S. Quantitative Momentum ETF Stock Up 1.3%

Alpha Architect U.S. Quantitative Momentum ETF stock opened at $70.45 on Tuesday. The company’s 50-day moving average price is $68.23 and its two-hundred day moving average price is $65.61. The stock has a market cap of $370.57 million, a P/E ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a twelve month low of $49.78 and a twelve month high of $72.12.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QMOM. Opal Capital LLC bought a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $300,000. Baker Boyer National Bank grew its stake 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 acquiring an additional 589 shares in the last quarter. Advantage Trust Co increased its position in Alpha Architect U.S. Quantitative Momentum ETF by 2.6% during the second quarter. Advantage Trust Co now owns 35,249 shares of the company’s stock worth $2,290,000 after acquiring an additional 891 shares during the period. Finally, Ethos Financial Group LLC increased its position in Alpha Architect U.S. Quantitative Momentum ETF by 40.2% during the second quarter. Ethos Financial Group LLC now owns 121,773 shares of the company’s stock worth $7,913,000 after acquiring an additional 34,929 shares during the period.

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.