Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Sees Large Increase in Short Interest

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 507 shares, a growth of 98.0% from the April 15th total of 256 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,097 shares, the short-interest ratio is currently 0.5 days.

Cambria Large Cap Shareholder Yield ETF Price Performance

Shares of Cambria Large Cap Shareholder Yield ETF stock opened at $29.73 on Monday. Cambria Large Cap Shareholder Yield ETF has a 12 month low of $25.03 and a 12 month high of $30.72. The business has a fifty day simple moving average of $29.39 and a 200 day simple moving average of $28.78. The stock has a market cap of $5.20 million and a PE ratio of 12.86.

Institutional Investors Weigh In On Cambria Large Cap Shareholder Yield ETF

A number of institutional investors have recently made changes to their positions in LYLD. Betterment LLC acquired a new stake in shares of Cambria Large Cap Shareholder Yield ETF during the second quarter worth $490,000. Kesler Norman & Wride LLC grew its stake in shares of Cambria Large Cap Shareholder Yield ETF by 10.2% during the fourth quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock worth $561,000 after purchasing an additional 1,868 shares during the period. Finally, Cambria Investment Management L.P. grew its stake in shares of Cambria Large Cap Shareholder Yield ETF by 1.9% during the third quarter. Cambria Investment Management L.P. now owns 109,525 shares of the company’s stock worth $2,900,000 after purchasing an additional 2,082 shares during the period.

Cambria Large Cap Shareholder Yield ETF Company Profile

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.