Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Short Interest Up 55.9% in October

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOMGet Free Report) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 17,300 shares, an increase of 55.9% from the October 15th total of 11,100 shares. Based on an average daily volume of 20,700 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Alpha Architect U.S. Quantitative Momentum ETF

An institutional investor recently raised its position in Alpha Architect U.S. Quantitative Momentum ETF stock. Baker Boyer National Bank increased its holdings in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOMFree Report) by 8.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,769 shares of the company’s stock after purchasing an additional 783 shares during the period. Baker Boyer National Bank owned 0.25% of Alpha Architect U.S. Quantitative Momentum ETF worth $569,000 as of its most recent SEC filing.

Alpha Architect U.S. Quantitative Momentum ETF Trading Down 1.2 %

QMOM stock traded down $0.82 on Friday, hitting $67.67. The company had a trading volume of 14,738 shares, compared to its average volume of 17,737. Alpha Architect U.S. Quantitative Momentum ETF has a 12-month low of $45.72 and a 12-month high of $71.11. The stock has a market cap of $295.72 million, a price-to-earnings ratio of 11.02 and a beta of 1.08. The stock’s 50-day simple moving average is $64.61 and its 200 day simple moving average is $60.91.

About Alpha Architect U.S. Quantitative Momentum ETF

(Get Free Report)

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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