Cambria Global Value ETF (BATS:GVAL) Short Interest Update

Cambria Global Value ETF (BATS:GVAL) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 6,919 shares, a decrease of 84.1% from the May 14th total of 43,500 shares. Based on an average daily trading volume, of 103,721 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Cambria Global Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. acquired a new stake in Cambria Global Value ETF in the second quarter worth $26,000. Ascentis Independent Advisors bought a new position in shares of Cambria Global Value ETF in the first quarter valued at approximately $66,000. Western Wealth Management LLC bought a new position in Cambria Global Value ETF during the 1st quarter valued at $113,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Cambria Global Value ETF by 10,151.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,793 shares of the company’s stock worth $119,000 after purchasing an additional 3,756 shares during the last quarter. Finally, Longview Financial Advisors Inc. purchased a new position in shares of Cambria Global Value ETF in the 1st quarter worth approximately $132,000.

Cambria Global Value ETF Stock Performance

Shares of GVAL opened at $35.01 on Thursday. Cambria Global Value ETF has a 12 month low of $25.89 and a 12 month high of $36.44. The company has a market capitalization of $301.09 million, a PE ratio of 10.49 and a beta of 0.76. The stock’s 50-day moving average price is $35.22 and its two-hundred day moving average price is $33.81.

About Cambria Global Value ETF

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.