Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Large Decrease in Short Interest

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 12,049 shares, a decline of 40.5% from the September 15th total of 20,267 shares. Based on an average trading volume of 31,706 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

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

A hedge fund recently bought a new position in Alpha Architect U.S. Quantitative Value ETF stock. Sankala Group LLC purchased a new position in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,406 shares of the company’s stock, valued at approximately $664,000. Sankala Group LLC owned approximately 0.14% of Alpha Architect U.S. Quantitative Value ETF as of its most recent filing with the Securities & Exchange Commission.

Alpha Architect U.S. Quantitative Value ETF Trading Up 0.3%

Shares of QVAL stock traded up $0.17 during trading hours on Friday, hitting $62.30. The company’s stock had a trading volume of 33,274 shares, compared to its average volume of 26,405. The business has a fifty day moving average of $60.74 and a 200-day moving average of $57.31. The stock has a market cap of $640.44 million, a price-to-earnings ratio of 11.60 and a beta of 0.97. Alpha Architect U.S. Quantitative Value ETF has a twelve month low of $45.32 and a twelve month high of $62.86.

Alpha Architect U.S. Quantitative Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a dividend of $0.2415 per share. This represents a $0.97 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, September 28th. This is a positive change from Alpha Architect U.S. Quantitative Value ETF’s previous quarterly dividend of $0.1856.

About Alpha Architect U.S. Quantitative Value ETF

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.