Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL – Get Free Report) was the target of a large decline in short interest in 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. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 26,278 shares, the days-to-cover ratio is currently 2.1 days.
Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF
Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in Alpha Architect U.S. Quantitative Value ETF during the third quarter worth about $97,000. Sankala Group LLC bought a new position in shares of Alpha Architect U.S. Quantitative Value ETF in the fourth quarter valued at approximately $664,000. Baker Boyer National Bank boosted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 3.7% in the 3rd quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock worth $1,170,000 after acquiring an additional 899 shares in the last quarter. Finally, Ethos Financial Group LLC boosted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 7.1% in the 3rd quarter. Ethos Financial Group LLC now owns 263,062 shares of the company’s stock worth $12,272,000 after acquiring an additional 17,365 shares in the last quarter.
Alpha Architect U.S. Quantitative Value ETF Stock Up 2.3%
Alpha Architect U.S. Quantitative Value ETF stock traded up $1.15 during mid-day trading on Tuesday, hitting $52.14. 26,990 shares of the company were exchanged, compared to its average volume of 25,326. The business has a fifty day moving average of $52.25 and a 200 day moving average of $49.35. Alpha Architect U.S. Quantitative Value ETF has a 1-year low of $36.77 and a 1-year high of $54.12. The company has a market capitalization of $477.60 million, a PE ratio of 11.60 and a beta of 1.08.
Alpha Architect U.S. Quantitative Value ETF Cuts Dividend
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.
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