Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Sees Significant Drop in Short Interest

Alpha Architect 1-3 Month Box ETF (BATS:BOXX) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 89,079 shares, a drop of 55.2% from the May 31st total of 198,673 shares. Based on an average daily volume of 2,530,949 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Alpha Architect 1-3 Month Box ETF

A number of large investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in Alpha Architect 1-3 Month Box ETF by 242.4% during the second quarter. JPMorgan Chase & Co. now owns 16,839 shares of the company’s stock valued at $1,897,000 after acquiring an additional 11,921 shares in the last quarter. Morse Asset Management Inc purchased a new stake in Alpha Architect 1-3 Month Box ETF in the 2nd quarter worth approximately $1,352,000. Longview Financial Advisors Inc. boosted its holdings in Alpha Architect 1-3 Month Box ETF by 673.3% in the 3rd quarter. Longview Financial Advisors Inc. now owns 68,859 shares of the company’s stock valued at $7,840,000 after purchasing an additional 59,954 shares during the period. Sunbelt Securities Inc. boosted its holdings in Alpha Architect 1-3 Month Box ETF by 212.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 184,400 shares of the company’s stock valued at $20,996,000 after purchasing an additional 125,400 shares during the period. Finally, Ethos Financial Group LLC grew its position in shares of Alpha Architect 1-3 Month Box ETF by 4.4% during the 4th quarter. Ethos Financial Group LLC now owns 317,941 shares of the company’s stock valued at $36,595,000 after purchasing an additional 13,401 shares in the last quarter.

Alpha Architect 1-3 Month Box ETF Price Performance

BOXX stock opened at $117.13 on Monday. The firm has a market capitalization of $6.96 billion and a PE ratio of 28.96. Alpha Architect 1-3 Month Box ETF has a twelve month low of $112.63 and a twelve month high of $117.15. The stock has a 50-day simple moving average of $116.79 and a two-hundred day simple moving average of $116.01.

Alpha Architect 1-3 Month Box ETF Company Profile

The Alpha Architect 1-3 Month Box ETF (BOXX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed. The fund seeks to provide the price and yield performance of 1-3 month US Treasury Bills, less fees and expenses, through the use of derivatives BOXX was launched on Dec 28, 2022 and is managed by Alpha Architect.