Cambria Global Asset Allocation ETF (BATS:GAA) Stock Short Interest Falls 42.4%

Cambria Global Asset Allocation ETF (BATS:GAA – Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 13,371 shares, a decline of 42.4% from the August 31st total of 23,232 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 5,573 shares, the days-to-cover ratio is presently 2.4 days.

Cambria Global Asset Allocation ETF Stock Performance

Shares of BATS GAA opened at $34.97 on Wednesday. Cambria Global Asset Allocation ETF has a 52-week low of $31.20 and a 52-week high of $36.53. The stock has a market cap of $64.69 million, a P/E ratio of 10.59 and a beta of 0.50. The firm has a 50 day moving average price of $35.62 and a 200 day moving average price of $34.95.

Cambria Global Asset Allocation ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd were given a $0.2854 dividend. The ex-dividend date was Tuesday, September 22nd. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.3%. This is an increase from Cambria Global Asset Allocation ETF’s previous quarterly dividend of $0.1989.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Cambria Global Asset Allocation ETF stock. Global Retirement Partners LLC purchased a new position in shares of Cambria Global Asset Allocation ETF (BATS:GAA – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,990 shares of the company’s stock, valued at approximately $65,000. Global Retirement Partners LLC owned 0.11% of Cambria Global Asset Allocation ETF at the end of the most recent reporting period.

Cambria Global Asset Allocation ETF Company Profile

(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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