Cambria Global Momentum ETF (BATS:GMOM – Get Free Report) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 1,409 shares, a decline of 80.9% from the October 15th total of 7,358 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 7,336 shares, the days-to-cover ratio is currently 0.2 days.
Cambria Global Momentum ETF Stock Up 0.9%
GMOM opened at $36.75 on Thursday. The company has a market cap of $135.97 million, a PE ratio of 15.73 and a beta of 0.45. The business has a 50 day moving average price of $38.20 and a two-hundred day moving average price of $37.13. Cambria Global Momentum ETF has a 52 week low of $31.59 and a 52 week high of $39.05.
Cambria Global Momentum ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 22nd were paid a $0.0987 dividend. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $0.39 annualized dividend and a yield of 1.1%. This is a decrease from Cambria Global Momentum ETF’s previous quarterly dividend of $0.1539.
Hedge Funds Weigh In On Cambria Global Momentum ETF
A hedge fund recently bought a new position in Cambria Global Momentum ETF stock. Commonwealth Equity Services LLC purchased a new position in shares of Cambria Global Momentum ETF (BATS:GMOM – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,608 shares of the company’s stock, valued at approximately $1,274,000. Commonwealth Equity Services LLC owned approximately 0.91% of Cambria Global Momentum ETF as of its most recent SEC filing.
About Cambria Global Momentum ETF
The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income. GMOM was launched on Nov 4, 2014 and is managed by Cambria.
See Also
- Five stocks we like better than Cambria Global Momentum ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Cambria Global Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambria Global Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
