Short Interest in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Expands By 59.9%

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 65,400 shares, an increase of 59.9% from the November 30th total of 40,900 shares. Based on an average daily volume of 28,500 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Momentum ETF

An institutional investor recently raised its position in Alpha Architect U.S. Quantitative Momentum ETF stock. Baker Boyer National Bank increased its position in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) by 8.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,769 shares of the company’s stock after buying an additional 783 shares during the period. Baker Boyer National Bank owned 0.25% of Alpha Architect U.S. Quantitative Momentum ETF worth $569,000 at the end of the most recent reporting period.

Alpha Architect U.S. Quantitative Momentum ETF Trading Down 0.9 %

Shares of Alpha Architect U.S. Quantitative Momentum ETF stock opened at $64.73 on Monday. Alpha Architect U.S. Quantitative Momentum ETF has a 1 year low of $48.31 and a 1 year high of $72.19. The firm has a market capitalization of $282.87 million, a PE ratio of 11.02 and a beta of 1.08. The firm’s 50 day moving average is $67.66 and its 200 day moving average is $63.02.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th will be issued a $0.9009 dividend. The ex-dividend date of this dividend is Tuesday, December 24th.

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.