Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Short Interest Update

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 17,800 shares, an increase of 14.8% from the August 15th total of 15,500 shares. Based on an average daily volume of 23,000 shares, the short-interest ratio is currently 0.8 days.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

Shares of NASDAQ QVAL traded up $0.45 during midday trading on Monday, hitting $44.65. 33,020 shares of the stock traded hands, compared to its average volume of 24,072. The firm has a market capitalization of $356.31 million, a P/E ratio of 6.32 and a beta of 1.30. Alpha Architect U.S. Quantitative Value ETF has a one year low of $34.73 and a one year high of $45.74. The firm has a 50-day moving average of $43.72 and a two-hundred day moving average of $43.60.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, September 12th were given a dividend of $0.148 per share. The ex-dividend date of this dividend was Thursday, September 12th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in QVAL. Aspect Partners LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the 4th quarter worth $361,000. Comerica Bank increased its holdings in Alpha Architect U.S. Quantitative Value ETF by 109.9% in the 1st quarter. Comerica Bank now owns 657 shares of the company’s stock worth $30,000 after acquiring an additional 344 shares in the last quarter. Baker Boyer National Bank raised its stake in Alpha Architect U.S. Quantitative Value ETF by 8.2% during the 2nd quarter. Baker Boyer National Bank now owns 14,758 shares of the company’s stock worth $633,000 after acquiring an additional 1,116 shares during the period. Menlo Advisors LLC lifted its holdings in Alpha Architect U.S. Quantitative Value ETF by 0.3% during the second quarter. Menlo Advisors LLC now owns 248,610 shares of the company’s stock valued at $10,657,000 after purchasing an additional 712 shares in the last quarter. Finally, Ethos Financial Group LLC boosted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 31.8% in the first quarter. Ethos Financial Group LLC now owns 149,756 shares of the company’s stock worth $6,730,000 after purchasing an additional 36,134 shares during the period.

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.