Cambria Global Real Estate ETF (BATS:BLDG) Sees Significant Increase in Short Interest

Cambria Global Real Estate ETF (BATS:BLDG) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,457 shares, an increase of 152.0% from the July 15th total of 3,356 shares. Based on an average daily volume of 2,899 shares, the short-interest ratio is currently 2.9 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN raised its stake in shares of Cambria Global Real Estate ETF by 220.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,549 shares of the company’s stock valued at $38,000 after acquiring an additional 1,065 shares during the period. Centaurus Financial Inc. purchased a new position in shares of Cambria Global Real Estate ETF during the 3rd quarter worth approximately $177,000. Jane Street Group LLC acquired a new stake in Cambria Global Real Estate ETF in the 1st quarter valued at approximately $392,000. Osaic Holdings Inc. increased its holdings in Cambria Global Real Estate ETF by 318.5% in the 2nd quarter. Osaic Holdings Inc. now owns 21,615 shares of the company’s stock valued at $540,000 after purchasing an additional 16,450 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its position in Cambria Global Real Estate ETF by 108.9% in the third quarter. Flow Traders U.S. LLC now owns 84,583 shares of the company’s stock valued at $2,184,000 after purchasing an additional 44,102 shares during the period.

Cambria Global Real Estate ETF Trading Up 0.4%

Shares of BATS:BLDG opened at $26.92 on Friday. The business has a 50-day moving average price of $27.07 and a 200 day moving average price of $26.11. The company has a market capitalization of $43.07 million, a price-to-earnings ratio of 14.37 and a beta of 0.83. Cambria Global Real Estate ETF has a 12-month low of $23.44 and a 12-month high of $29.32.

About Cambria Global Real Estate ETF

The Cambria Global Real Estate ETF (BLDG) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively-managed to provide exposure to the real estate sector and its related industries. Stocks are selected using Cambrias multi-factor algorithm. BLDG was launched on Sep 24, 2020 and is managed by Cambria.