Short Interest in Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Increases By 98.0%

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 507 shares, an increase of 98.0% from the April 15th total of 256 shares. Based on an average daily trading volume, of 1,097 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

Cambria Large Cap Shareholder Yield ETF Stock Performance

Shares of Cambria Large Cap Shareholder Yield ETF stock opened at $29.73 on Friday. Cambria Large Cap Shareholder Yield ETF has a one year low of $25.03 and a one year high of $30.72. The company has a market cap of $5.20 million and a price-to-earnings ratio of 12.86. The business’s 50 day moving average price is $29.39 and its 200 day moving average price is $28.77.

Hedge Funds Weigh In On Cambria Large Cap Shareholder Yield ETF

Institutional investors have recently added to or reduced their stakes in the stock. Betterment LLC lifted its position in Cambria Large Cap Shareholder Yield ETF by 11.1% during the third quarter. Betterment LLC now owns 20,767 shares of the company’s stock worth $575,000 after buying an additional 2,082 shares in the last quarter. Kesler Norman & Wride LLC raised its position in Cambria Large Cap Shareholder Yield ETF by 10.2% in the fourth quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock valued at $561,000 after purchasing an additional 1,868 shares during the period. Finally, Cambria Investment Management L.P. raised its position in Cambria Large Cap Shareholder Yield ETF by 1.0% in the third quarter. Cambria Investment Management L.P. now owns 108,473 shares of the company’s stock valued at $3,002,000 after purchasing an additional 1,030 shares during the period.

Cambria Large Cap Shareholder Yield ETF Company Profile

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.