Cambria Trinity ETF (BATS:TRTY) Shares Shorted: Short Interest Down 36.4% in October

Cambria Trinity ETF (BATS:TRTY) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 40,078 shares, a decrease of 36.4% from the September 30th total of 63,051 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 11,744 shares, the days-to-cover ratio is currently 3.4 days.

Institutional Trading of Cambria Trinity ETF

Several hedge funds have recently modified their holdings of the company. Fermata Advisors LLC grew its position in shares of Cambria Trinity ETF by 1.1% in the 2nd quarter. Fermata Advisors LLC now owns 149,337 shares of the company’s stock worth $4,511,000 after buying an additional 1,658 shares during the last quarter. Signature Equity Partners LLC bought a new position in shares of Cambria Trinity ETF during the 3rd quarter worth approximately $96,000. Bravias Capital Group LLC lifted its position in Cambria Trinity ETF by 9.4% during the first quarter. Bravias Capital Group LLC now owns 85,393 shares of the company’s stock valued at $2,549,000 after acquiring an additional 7,323 shares during the last quarter. Go Invest LLC purchased a new stake in Cambria Trinity ETF during the third quarter valued at approximately $265,000. Finally, Cowa LLC purchased a new stake in Cambria Trinity ETF during the third quarter valued at approximately $2,562,000.

Cambria Trinity ETF Price Performance

Shares of TRTY stock opened at $31.10 on Wednesday. Cambria Trinity ETF has a 1-year low of $27.57 and a 1-year high of $32.53. The stock’s 50-day moving average is $31.74 and its 200 day moving average is $30.93. The company has a market cap of $133.73 million, a P/E ratio of 11.85 and a beta of 0.42.

Cambria Trinity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 22nd were issued a $0.1766 dividend. This is a boost from Cambria Trinity ETF’s previous quarterly dividend of $0.1484. This represents a $0.71 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Tuesday, September 22nd.

Cambria Trinity ETF Company Profile

The Cambria Trinity ETF (TRTY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with exposure to a variety of asset classes, including equity, fixed income, real estate, commodities, and currencies. The fund seeks income and capital appreciation. TRTY was launched on Sep 10, 2018 and is managed by Cambria.