Cambria Tactical Yield ETF (BATS:TYLD) Short Interest Update

Cambria Tactical Yield ETF (BATS:TYLD) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 8,139 shares, a growth of 625.4% from the August 31st total of 1,122 shares. Based on an average daily trading volume, of 2,802 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.8% of the company’s stock are short sold.

Cambria Tactical Yield ETF Stock Performance

Shares of TYLD opened at $25.32 on Friday. Cambria Tactical Yield ETF has a 1-year low of $25.05 and a 1-year high of $25.53. The company’s fifty day simple moving average is $25.38 and its 200 day simple moving average is $25.29.

Cambria Tactical Yield ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were given a $0.1759 dividend. This is a boost from Cambria Tactical Yield ETF’s previous quarterly dividend of $0.1053. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.8%.

Cambria Tactical Yield ETF Company Profile

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.