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 significant increase in short interest in 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. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 26,000 shares, the short-interest ratio is presently 2.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 473.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,147 shares of the company’s stock worth $51,000 after acquiring an additional 947 shares during the last quarter. Aspect Partners LLC boosted its holdings in Alpha Architect U.S. Quantitative Value ETF by 11.3% in the 4th 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 period. Baker Boyer National Bank grew its position in 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 worth $722,000 after purchasing an additional 301 shares during the last quarter. Ethos Financial Group LLC increased its holdings 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 purchasing an additional 32,689 shares during the period. Finally, Menlo Advisors LLC increased its holdings 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 purchasing an additional 2,825 shares during the period.

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

Shares of NASDAQ:QVAL traded down $0.73 during trading on Friday, reaching $42.46. The stock had a trading volume of 22,082 shares, compared to its average volume of 25,442. Alpha Architect U.S. Quantitative Value ETF has a 52 week low of $41.23 and a 52 week high of $47.88. The stock has a fifty day simple moving average of $44.43 and a two-hundred day simple moving average of $45.25. The firm 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 Cuts Dividend

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