Short Interest in Cambria Global Asset Allocation ETF (BATS:GAA) Increases By 66.8%

Cambria Global Asset Allocation ETF (BATS:GAAGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 23,232 shares, a growth of 66.8% from the August 15th total of 13,930 shares. Based on an average daily volume of 6,280 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.3% of the shares of the company are short sold.

Cambria Global Asset Allocation ETF Stock Down 0.3%

Shares of BATS GAA opened at $35.80 on Friday. Cambria Global Asset Allocation ETF has a 52 week low of $31.20 and a 52 week high of $36.53. The business’s 50 day moving average price is $35.56 and its 200 day moving average price is $34.89. The firm has a market cap of $66.23 million, a P/E ratio of 10.59 and a beta of 0.50.

Cambria Global Asset Allocation ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Tuesday, June 23rd were issued a $0.1989 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Trading of Cambria Global Asset Allocation ETF

A hedge fund recently raised its stake in Cambria Global Asset Allocation ETF stock. IFG Advisory LLC boosted its holdings in shares of Cambria Global Asset Allocation ETF (BATS:GAAFree Report) by 11.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,458 shares of the company’s stock after purchasing an additional 2,226 shares during the period. IFG Advisory LLC owned about 1.16% of Cambria Global Asset Allocation ETF worth $698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Cambria Global Asset Allocation ETF

(Get Free Report)

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.

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