Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Short Interest Up 48.8% in March

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 57,300 shares, an increase of 48.8% from the February 28th total of 38,500 shares. Based on an average daily volume of 26,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in QVAL. JPMorgan Chase & Co. lifted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 473.5% during the 4th 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 lifted its holdings in 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. Baker Boyer National Bank boosted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 1.9% during the 4th quarter. Baker Boyer National Bank now owns 16,179 shares of the company’s stock worth $722,000 after acquiring an additional 301 shares in the last quarter. Ethos Financial Group LLC increased its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 19.1% in the 4th 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. Finally, Menlo Advisors LLC raised its position in shares of Alpha Architect U.S. Quantitative Value ETF by 1.1% during the 4th quarter. Menlo Advisors LLC now owns 251,355 shares of the company’s stock worth $11,220,000 after acquiring an additional 2,825 shares in the last quarter.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

Shares of QVAL traded up $0.19 during midday trading on Monday, hitting $42.65. The company had a trading volume of 21,310 shares, compared to its average volume of 25,372. Alpha Architect U.S. Quantitative Value ETF has a 1 year low of $41.23 and a 1 year high of $47.88. The firm has a market capitalization of $362.10 million, a P/E ratio of 11.05 and a beta of 1.30. The company’s 50-day simple moving average is $44.43 and its 200-day simple moving average is $45.26.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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