Cambria Global Real Estate ETF (BATS:BLDG) Short Interest Update

Cambria Global Real Estate ETF (BATS:BLDG) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 32,838 shares, a growth of 59.3% from the August 31st total of 20,616 shares. Based on an average daily volume of 9,959 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC purchased a new position in Cambria Global Real Estate ETF during the second quarter worth approximately $467,000. ALM First Financial Advisors LLC grew its stake in shares of Cambria Global Real Estate ETF by 67.1% during the 2nd quarter. ALM First Financial Advisors LLC now owns 999,500 shares of the company’s stock valued at $26,986,000 after buying an additional 401,373 shares during the period. Finally, Empowered Funds LLC increased its holdings in shares of Cambria Global Real Estate ETF by 1.7% during the 1st quarter. Empowered Funds LLC now owns 268,692 shares of the company’s stock worth $6,442,000 after buying an additional 4,592 shares during the last quarter.

Cambria Global Real Estate ETF Stock Down 1.0%

Shares of BATS:BLDG opened at $24.88 on Friday. The company has a market cap of $39.81 million, a P/E ratio of 14.37 and a beta of 0.83. The business has a fifty day simple moving average of $26.65 and a 200-day simple moving average of $26.23. Cambria Global Real Estate ETF has a 52 week low of $23.44 and a 52 week high of $29.32.

Cambria Global Real Estate ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Friday, September 18th. This is a positive change from Cambria Global Real Estate ETF’s previous quarterly dividend of $0.0838.

Cambria Global Real Estate ETF Company Profile

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.