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) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 57,300 shares, a growth of 48.8% from the February 28th total of 38,500 shares. Based on an average trading volume of 26,000 shares, the short-interest ratio is currently 2.2 days. Approximately 0.7% of the shares of the stock are sold short.

Alpha Architect U.S. Quantitative Value ETF Trading Down 1.7 %

NASDAQ:QVAL traded down $0.73 during midday trading on Friday, hitting $42.46. 22,082 shares of the stock were exchanged, compared to its average volume of 25,442. The business has a 50-day moving average price of $44.43 and a two-hundred day moving average price of $45.25. The company has a market capitalization of $360.49 million, a price-to-earnings ratio of 11.05 and a beta of 1.30. Alpha Architect U.S. Quantitative Value ETF has a one year low of $41.23 and a one year 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. Investors of record on Thursday, March 13th were paid a dividend of $0.0991 per share. The ex-dividend date was Thursday, March 13th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of 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 valued at $51,000 after acquiring an additional 947 shares during the last quarter. Aspect Partners LLC lifted its holdings in shares of 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 valued at $442,000 after purchasing 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% in the 4th quarter. Baker Boyer National Bank now owns 16,179 shares of the company’s stock valued at $722,000 after purchasing an additional 301 shares during the period. Ethos Financial Group LLC increased its stake in 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 worth $9,079,000 after purchasing an additional 32,689 shares in the last quarter. Finally, Menlo Advisors LLC raised its holdings in 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 buying an additional 2,825 shares during the period.

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.