Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Short Interest Down 56.3% in June

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 764 shares, a decline of 56.3% from the May 31st total of 1,747 shares. Based on an average daily volume of 858 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the shares of the stock are short sold.

Cambria Large Cap Shareholder Yield ETF Stock Performance

Cambria Large Cap Shareholder Yield ETF stock opened at $30.20 on Monday. The firm has a market cap of $5.29 million and a P/E ratio of 12.86. The business’s fifty day moving average is $29.96 and its two-hundred day moving average is $29.37. Cambria Large Cap Shareholder Yield ETF has a 52 week low of $25.91 and a 52 week high of $30.72.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Betterment LLC bought a new stake in Cambria Large Cap Shareholder Yield ETF during the 2nd quarter worth about $490,000. Cambria Investment Management L.P. lifted its position in shares of Cambria Large Cap Shareholder Yield ETF by 1.9% during the third quarter. Cambria Investment Management L.P. now owns 109,525 shares of the company’s stock worth $2,900,000 after purchasing an additional 2,082 shares in the last quarter. Finally, Kesler Norman & Wride LLC lifted its position in shares of Cambria Large Cap Shareholder Yield ETF by 10.2% during the fourth quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock worth $561,000 after purchasing an additional 1,868 shares in the last quarter.

About Cambria Large Cap Shareholder Yield ETF

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.