Short Interest in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Grows By 16.3%

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 38,500 shares, a growth of 16.3% from the February 13th total of 33,100 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QVAL. Baker Boyer National Bank grew its stake 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 worth $722,000 after buying an additional 301 shares in the last quarter. Aspect Partners LLC raised its position 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 worth $442,000 after purchasing an additional 1,005 shares during the period. Menlo Advisors LLC lifted 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 last quarter. Ethos Financial Group LLC lifted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 19.1% during the fourth 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 last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in 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 buying an additional 947 shares in the last quarter.

Alpha Architect U.S. Quantitative Value ETF Price Performance

QVAL stock opened at $43.10 on Friday. The business has a 50 day simple moving average of $44.72 and a two-hundred day simple moving average of $45.25. Alpha Architect U.S. Quantitative Value ETF has a 1-year low of $41.23 and a 1-year high of $47.88. The company has a market capitalization of $365.92 million, a price-to-earnings ratio of 11.13 and a beta of 1.30.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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