Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Short Interest Down 20.9% in March

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 54,094 shares, a decline of 20.9% from the February 26th total of 68,387 shares. Based on an average daily trading volume, of 26,278 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.6% of the company’s shares are short sold.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Ethos Financial Group LLC boosted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 7.1% during the third quarter. Ethos Financial Group LLC now owns 263,062 shares of the company’s stock worth $12,272,000 after purchasing an additional 17,365 shares during the period. Baker Boyer National Bank grew its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 3.7% in the third quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock worth $1,170,000 after purchasing an additional 899 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter valued at about $97,000. Finally, Sankala Group LLC bought a new position in Alpha Architect U.S. Quantitative Value ETF during the 4th quarter valued at approximately $664,000.

Alpha Architect U.S. Quantitative Value ETF Stock Down 1.1%

NASDAQ:QVAL opened at $51.35 on Friday. The firm has a market capitalization of $470.37 million, a P/E ratio of 11.60 and a beta of 1.08. The company has a fifty day moving average of $52.25 and a 200 day moving average of $49.30. Alpha Architect U.S. Quantitative Value ETF has a 52 week low of $36.77 and a 52 week high of $54.12.

Alpha Architect U.S. Quantitative Value ETF Company Profile

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.