Cambria Global Value ETF (BATS:GVAL) Sees Significant Decrease in Short Interest

Cambria Global Value ETF (BATS:GVAL) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 164,816 shares, a drop of 61.9% from the July 15th total of 432,662 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 128,314 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Cambria Global Value ETF

Several hedge funds have recently bought and sold shares of GVAL. ALM First Financial Advisors LLC grew its position in Cambria Global Value ETF by 53.2% in the 2nd quarter. ALM First Financial Advisors LLC now owns 1,564,110 shares of the company’s stock worth $56,339,000 after purchasing an additional 543,319 shares during the last quarter. MML Investors Services LLC increased its position in Cambria Global Value ETF by 2,450.1% in the 4th quarter. MML Investors Services LLC now owns 329,093 shares of the company’s stock valued at $10,357,000 after acquiring an additional 316,188 shares during the period. Rockport Wealth LLC increased its position in Cambria Global Value ETF by 36.0% in the 1st quarter. Rockport Wealth LLC now owns 260,085 shares of the company’s stock valued at $8,627,000 after acquiring an additional 68,878 shares during the period. D.A. Davidson & CO. raised its stake in Cambria Global Value ETF by 92.5% during the 1st quarter. D.A. Davidson & CO. now owns 234,069 shares of the company’s stock valued at $7,764,000 after acquiring an additional 112,473 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in Cambria Global Value ETF by 1.7% during the 1st quarter. Empowered Funds LLC now owns 210,333 shares of the company’s stock worth $6,977,000 after acquiring an additional 3,598 shares during the period.

Cambria Global Value ETF Stock Performance

Shares of GVAL opened at $38.43 on Friday. The firm has a fifty day moving average of $36.84 and a 200-day moving average of $35.48. The company has a market cap of $330.50 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a 1 year low of $28.34 and a 1 year high of $38.52.

Cambria Global Value ETF Company Profile

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.