Short Interest in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Decreases By 35.1%

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 56,052 shares, a drop of 35.1% from the April 15th total of 86,327 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 27,932 shares, the days-to-cover ratio is presently 2.0 days.

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

Several large investors have recently modified their holdings of QVAL. Sankala Group LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the fourth quarter valued at $664,000. Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% in the fourth quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after purchasing an additional 261 shares in the last quarter. Ethos Financial Group LLC lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 10.7% in the fourth quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock valued at $14,208,000 after purchasing an additional 28,116 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at $97,000.

Alpha Architect U.S. Quantitative Value ETF Price Performance

Shares of QVAL traded up $0.49 during trading hours on Monday, hitting $53.21. 21,166 shares of the company were exchanged, compared to its average volume of 25,700. The company has a market capitalization of $501.77 million, a PE ratio of 11.60 and a beta of 0.98. The firm has a fifty day simple moving average of $52.88 and a 200-day simple moving average of $50.99. Alpha Architect U.S. Quantitative Value ETF has a one year low of $42.35 and a one year high of $55.85.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were paid a dividend of $0.2101 per share. The ex-dividend date of this dividend was Monday, March 30th.

Alpha Architect U.S. Quantitative Value ETF Company Profile

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.