Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Up 113.6% in August

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 21,691 shares, a growth of 113.6% from the August 15th total of 10,155 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,511 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Momentum ETF

A number of institutional investors have recently modified their holdings of the company. Parallel Advisors LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the first quarter worth approximately $58,000. Opal Capital LLC acquired a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter worth $300,000. Sankala Group LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter valued at $650,000. Finally, Stillwater Private Wealth LLC acquired a new position in Alpha Architect U.S. Quantitative Momentum ETF in the first quarter valued at $1,420,000.

Alpha Architect U.S. Quantitative Momentum ETF Trading Down 1.2%

Shares of NASDAQ:QMOM traded down $0.87 on Monday, hitting $72.53. The company had a trading volume of 12,785 shares, compared to its average volume of 23,125. The company has a market cap of $415.62 million, a PE ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a 52-week low of $60.24 and a 52-week high of $81.95. The business has a 50 day moving average of $74.98 and a 200 day moving average of $74.85.

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.