Cambria Fixed Income Trend ETF (BATS:CFIT) Short Interest Down 49.9% in June

Cambria Fixed Income Trend ETF (BATS:CFIT) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 6,470 shares, a drop of 49.9% from the June 15th total of 12,919 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average trading volume of 5,760 shares, the short-interest ratio is presently 1.1 days.

Cambria Fixed Income Trend ETF Stock Performance

Shares of BATS CFIT opened at $25.74 on Friday. Cambria Fixed Income Trend ETF has a twelve month low of $24.42 and a twelve month high of $26.45. The company has a 50 day moving average of $26.05 and a 200 day moving average of $25.68.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CFIT. ORG Partners LLC lifted its holdings in shares of Cambria Fixed Income Trend ETF by 1.4% during the fourth quarter. ORG Partners LLC now owns 85,512 shares of the company’s stock valued at $2,150,000 after purchasing an additional 1,204 shares in the last quarter. Betterment LLC increased its holdings in Cambria Fixed Income Trend ETF by 2.2% in the 4th quarter. Betterment LLC now owns 58,425 shares of the company’s stock worth $1,469,000 after buying an additional 1,274 shares in the last quarter. Cambria Investment Management L.P. increased its holdings in Cambria Fixed Income Trend ETF by 18.9% in the 3rd quarter. Cambria Investment Management L.P. now owns 57,039 shares of the company’s stock worth $1,432,000 after buying an additional 9,072 shares in the last quarter. Jane Street Group LLC purchased a new position in Cambria Fixed Income Trend ETF in the 4th quarter worth about $596,000. Finally, Citadel Advisors LLC raised its position in Cambria Fixed Income Trend ETF by 102.1% in the 3rd quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock worth $499,000 after buying an additional 10,045 shares during the last quarter.

About Cambria Fixed Income Trend ETF

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.