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

Cambria Global Value ETF (BATS:GVAL) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 7,245 shares, a decline of 95.1% from the April 15th total of 147,495 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 423,787 shares, the days-to-cover ratio is currently 0.0 days.

Cambria Global Value ETF Trading Down 0.1%

Shares of GVAL traded down $0.04 during mid-day trading on Monday, hitting $35.61. The company’s stock had a trading volume of 185,703 shares, compared to its average volume of 298,407. The firm has a 50-day simple moving average of $34.17 and a 200 day simple moving average of $32.93. Cambria Global Value ETF has a 1-year low of $25.89 and a 1-year high of $36.44. The firm has a market capitalization of $306.25 million, a P/E ratio of 10.49 and a beta of 0.76.

Hedge Funds Weigh In On Cambria Global Value ETF

A number of large investors have recently bought and sold shares of GVAL. Envestnet Asset Management Inc. purchased a new position in shares of Cambria Global Value ETF in the 3rd quarter valued at $1,075,000. Cambria Investment Management L.P. boosted its holdings in shares of Cambria Global Value ETF by 68.6% in the 3rd quarter. Cambria Investment Management L.P. now owns 1,191,793 shares of the company’s stock valued at $34,836,000 after buying an additional 485,102 shares during the period. Secure Asset Management LLC acquired a new position in shares of Cambria Global Value ETF in the 4th quarter valued at about $1,167,000. D.A. Davidson & CO. bought a new position in Cambria Global Value ETF during the 3rd quarter worth $915,000. Finally, Jones Financial Companies Lllp grew its position in Cambria Global Value ETF by 1,856.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 19,449 shares of the company’s stock worth $568,000 after purchasing an additional 18,455 shares during the last quarter.

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.