Cambria Tactical Yield ETF (BATS:TYLD) Shares Shorted: Short Interest Up 625.4% in September

Cambria Tactical Yield ETF (BATS:TYLD) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 8,139 shares, an increase of 625.4% from the August 31st total of 1,122 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 2,802 shares, the short-interest ratio is presently 2.9 days.

Cambria Tactical Yield ETF Stock Performance

Cambria Tactical Yield ETF stock traded down $0.01 during mid-day trading on Thursday, reaching $25.30. The company’s stock had a trading volume of 11,119 shares, compared to its average volume of 7,488. Cambria Tactical Yield ETF has a twelve month low of $25.05 and a twelve month high of $25.53. The business has a 50 day moving average price of $25.38 and a 200-day moving average price of $25.29.

Cambria Tactical Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were issued a $0.1759 dividend. This is a boost from Cambria Tactical Yield ETF’s previous quarterly dividend of $0.1053. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.70 annualized dividend and a dividend yield of 2.8%.

About Cambria Tactical Yield ETF

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.