Cambria Global Value ETF (BATS:GVAL) Short Interest Down 50.7% in August

Cambria Global Value ETF (BATS:GVAL) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 88,931 shares, a decline of 50.7% from the August 15th total of 180,510 shares. Based on an average trading volume of 155,706 shares, the short-interest ratio is currently 0.6 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GVAL. Ascentis Independent Advisors purchased a new position in shares of Cambria Global Value ETF in the first quarter worth $66,000. Western Wealth Management LLC purchased a new position in Cambria Global Value ETF during the first quarter valued at $113,000. Longview Financial Advisors Inc. purchased a new position in Cambria Global Value ETF during the first quarter valued at $132,000. Astoria Portfolio Advisors LLC. bought a new stake in Cambria Global Value ETF in the 4th quarter valued at $195,000. Finally, Legacy Wealth Managment LLC ID bought a new stake in Cambria Global Value ETF in the 2nd quarter valued at $225,000.

Cambria Global Value ETF Stock Down 0.6%

BATS GVAL opened at $38.76 on Wednesday. Cambria Global Value ETF has a twelve month low of $28.50 and a twelve month high of $39.87. The business has a 50-day moving average price of $37.96 and a 200-day moving average price of $36.01. The firm has a market cap of $333.34 million, a price-to-earnings ratio of 10.49 and a beta of 0.76.

About Cambria Global Value ETF

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.