Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 8,623 shares, a drop of 60.2% from the August 31st total of 21,691 shares. Based on an average daily trading volume, of 15,583 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.
Alpha Architect U.S. Quantitative Momentum ETF Stock Down 0.0%
NASDAQ:QMOM traded down $0.02 during trading hours on Tuesday, reaching $72.89. 12,503 shares of the stock were exchanged, compared to its average volume of 22,913. The stock has a market capitalization of $426.41 million, a P/E ratio of 27.79 and a beta of 1.06. The firm has a 50 day simple moving average of $74.32 and a 200-day simple moving average of $74.96. Alpha Architect U.S. Quantitative Momentum ETF has a 52 week low of $60.24 and a 52 week high of $81.95.
Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Momentum ETF
A number of hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC acquired a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the first quarter worth $58,000. Sankala Group LLC acquired a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter valued at about $650,000. Finally, Stillwater Private Wealth LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 1st quarter valued at about $1,420,000.
Alpha Architect U.S. Quantitative Momentum ETF Company Profile
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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