Cambria Shareholder Yield ETF (BATS:SYLD) Short Interest Update

Cambria Shareholder Yield ETF (BATS:SYLD) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 32,969 shares, a drop of 42.0% from the July 30th total of 56,821 shares. Based on an average trading volume of 46,431 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD opened at $86.03 on Tuesday. The firm’s 50 day moving average is $83.18 and its 200-day moving average is $79.27. Cambria Shareholder Yield ETF has a 12 month low of $65.26 and a 12 month high of $87.11. The stock has a market capitalization of $1.23 billion, a PE ratio of 11.01 and a beta of 1.04.

Hedge Funds Weigh In On Cambria Shareholder Yield ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. raised its position in shares of Cambria Shareholder Yield ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 534,253 shares of the company’s stock worth $36,682,000 after acquiring an additional 25,172 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Cambria Shareholder Yield ETF by 2.7% in the 2nd quarter. Revolve Wealth Partners LLC now owns 374,169 shares of the company’s stock worth $29,592,000 after purchasing an additional 9,986 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Cambria Shareholder Yield ETF by 2.9% in the fourth quarter. Focus Partners Wealth now owns 362,046 shares of the company’s stock valued at $25,170,000 after acquiring an additional 10,291 shares in the last quarter. Compound Planning Inc. increased its position in shares of Cambria Shareholder Yield ETF by 5.2% during the 4th quarter. Compound Planning Inc. now owns 277,809 shares of the company’s stock valued at $19,313,000 after purchasing an additional 13,825 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in Cambria Shareholder Yield ETF by 5.0% during the first quarter. Cetera Investment Advisers now owns 250,789 shares of the company’s stock worth $18,912,000 after buying an additional 11,989 shares during the last quarter.

About Cambria Shareholder Yield ETF

The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.