Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Large Drop in Short Interest

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 30,600 shares, a drop of 46.6% from the March 15th total of 57,300 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 29,800 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

A number of large investors have recently added to or reduced their stakes in the company. Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 1.9% in the fourth quarter. Baker Boyer National Bank now owns 16,179 shares of the company’s stock valued at $722,000 after purchasing an additional 301 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Alpha Architect U.S. Quantitative Value ETF by 473.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,147 shares of the company’s stock worth $51,000 after purchasing an additional 947 shares during the last quarter. Aspect Partners LLC boosted its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 11.3% during the 4th quarter. Aspect Partners LLC now owns 9,911 shares of the company’s stock worth $442,000 after buying an additional 1,005 shares during the last quarter. Menlo Advisors LLC grew its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 1.1% in the 4th quarter. Menlo Advisors LLC now owns 251,355 shares of the company’s stock valued at $11,220,000 after acquiring an additional 2,825 shares in the last quarter. Finally, Ethos Financial Group LLC increased its position in shares of Alpha Architect U.S. Quantitative Value ETF by 19.1% in the fourth quarter. Ethos Financial Group LLC now owns 203,392 shares of the company’s stock valued at $9,079,000 after acquiring an additional 32,689 shares during the last quarter.

Alpha Architect U.S. Quantitative Value ETF Price Performance

QVAL traded up $0.29 during trading on Thursday, reaching $39.68. The company had a trading volume of 10,487 shares, compared to its average volume of 28,476. The business’s fifty day moving average price is $42.68 and its 200 day moving average price is $44.73. Alpha Architect U.S. Quantitative Value ETF has a 12 month low of $36.77 and a 12 month high of $47.88. The company has a market cap of $330.53 million, a P/E ratio of 10.21 and a beta of 1.30.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 13th were given a $0.0991 dividend. The ex-dividend date was Thursday, March 13th.

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.