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 significant drop in short interest in 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. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 29,800 shares, the days-to-cover ratio is currently 1.0 days.

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

Hedge funds have recently bought and sold shares of the company. Aspect Partners LLC increased its position in Alpha Architect U.S. Quantitative Value ETF by 11.3% during the fourth 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. Ethos Financial Group LLC boosted its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 19.1% during the 4th quarter. Ethos Financial Group LLC now owns 203,392 shares of the company’s stock worth $9,079,000 after acquiring an additional 32,689 shares during the period. Menlo Advisors LLC boosted its stake 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 during the period. Baker Boyer National Bank increased its holdings 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 during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Alpha Architect U.S. Quantitative Value ETF by 473.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,147 shares of the company’s stock valued at $51,000 after acquiring an additional 947 shares during the period.

Alpha Architect U.S. Quantitative Value ETF Price Performance

NASDAQ QVAL traded up $0.29 on Thursday, hitting $39.68. 10,487 shares of the stock were exchanged, compared to its average volume of 28,476. The company has a market capitalization of $330.53 million, a PE ratio of 10.21 and a beta of 1.30. The business’s fifty day moving average is $42.68 and its 200 day moving average is $44.73. Alpha Architect U.S. Quantitative Value ETF has a 52 week low of $36.77 and a 52 week high of $47.88.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, March 13th were issued 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.