Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 15,263 shares, a growth of 81.5% from the June 15th total of 8,409 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 21,382 shares, the days-to-cover ratio is currently 0.7 days.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Advantage Trust Co increased its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 5.1% during the fourth quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock worth $2,918,000 after purchasing an additional 2,175 shares in the last quarter. Baker Boyer National Bank boosted its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% in the 4th quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock worth $1,123,000 after purchasing an additional 199 shares in the last quarter. Opal Capital LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $300,000. Sankala Group LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $650,000. Finally, Parallel Advisors LLC acquired a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter valued at about $58,000.
Alpha Architect U.S. Quantitative Momentum ETF Stock Performance
NASDAQ:QMOM opened at $73.61 on Friday. The firm has a market cap of $415.90 million, a P/E ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a one year low of $60.24 and a one year high of $81.95. The firm has a 50-day simple moving average of $77.88 and a 200-day simple moving average of $73.28.
About Alpha Architect U.S. Quantitative Momentum ETF
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.
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