Cambria Fixed Income Trend ETF (BATS:CFIT) Short Interest Down 54.1% in July

Cambria Fixed Income Trend ETF (BATS:CFIT) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 7,457 shares, a decline of 54.1% from the July 15th total of 16,245 shares. Based on an average daily trading volume, of 5,488 shares, the short-interest ratio is presently 1.4 days. Currently, 1.4% of the shares of the company are sold short.

Institutional Trading of Cambria Fixed Income Trend ETF

Large investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new position in shares of Cambria Fixed Income Trend ETF in the first quarter valued at about $320,000. Jane Street Group LLC purchased a new position in shares of Cambria Fixed Income Trend ETF in the fourth quarter worth about $596,000. Betterment LLC lifted its holdings in shares of Cambria Fixed Income Trend ETF by 2.2% during the fourth quarter. Betterment LLC now owns 58,425 shares of the company’s stock worth $1,469,000 after purchasing an additional 1,274 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in shares of Cambria Fixed Income Trend ETF by 102.1% during the third quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock worth $499,000 after purchasing an additional 10,045 shares during the period.

Cambria Fixed Income Trend ETF Price Performance

Shares of CFIT opened at $26.09 on Monday. The company’s fifty day moving average price is $25.94 and its 200-day moving average price is $25.74. Cambria Fixed Income Trend ETF has a 1-year low of $24.42 and a 1-year high of $26.45.

Cambria Fixed Income Trend ETF Company Profile

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.