Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 17,021 shares, a decline of 65.5% from the May 14th total of 49,285 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 38,086 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Trading of Alpha Architect U.S. Quantitative Momentum ETF
A number of institutional investors have recently modified their holdings of QMOM. Stillwater Private Wealth LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter valued at approximately $1,420,000. Sankala Group LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter valued at approximately $650,000. Opal Capital LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter valued at approximately $300,000. Advantage Trust Co lifted its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 5.1% during the 4th quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after buying an additional 2,175 shares in the last quarter. Finally, Parallel Advisors LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter valued at approximately $58,000.
Alpha Architect U.S. Quantitative Momentum ETF Stock Performance
QMOM traded up $1.01 during midday trading on Friday, reaching $79.11. The company had a trading volume of 32,506 shares, compared to its average volume of 25,942. The stock has a market cap of $448.55 million, a PE ratio of 27.79 and a beta of 1.05. Alpha Architect U.S. Quantitative Momentum ETF has a 12-month low of $60.24 and a 12-month high of $81.95. The business has a 50-day moving average price of $76.65 and a two-hundred day moving average price of $71.27.
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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