Cambria Foreign Shareholder Yield ETF (BATS:FYLD) Sees Large Drop in Short Interest

Cambria Foreign Shareholder Yield ETF (BATS:FYLD) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 36,872 shares, a drop of 43.3% from the July 30th total of 64,976 shares. Based on an average daily volume of 133,996 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Cambria Foreign Shareholder Yield ETF

Several large investors have recently modified their holdings of the business. GWN Securities Inc. increased its position in Cambria Foreign Shareholder Yield ETF by 3.5% in the 4th quarter. GWN Securities Inc. now owns 12,172 shares of the company’s stock valued at $395,000 after buying an additional 415 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Cambria Foreign Shareholder Yield ETF by 1.2% in the third quarter. NewEdge Advisors LLC now owns 35,573 shares of the company’s stock worth $1,110,000 after acquiring an additional 431 shares in the last quarter. Bravias Capital Group LLC grew its stake in Cambria Foreign Shareholder Yield ETF by 4.3% in the first quarter. Bravias Capital Group LLC now owns 16,289 shares of the company’s stock valued at $608,000 after acquiring an additional 671 shares during the period. Sunbelt Securities Inc. grew its stake in Cambria Foreign Shareholder Yield ETF by 1.4% in the first quarter. Sunbelt Securities Inc. now owns 61,377 shares of the company’s stock valued at $2,292,000 after acquiring an additional 821 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Cambria Foreign Shareholder Yield ETF by 47.7% during the fourth quarter. Allworth Financial LP now owns 2,674 shares of the company’s stock valued at $87,000 after acquiring an additional 864 shares in the last quarter.

Cambria Foreign Shareholder Yield ETF Price Performance

Cambria Foreign Shareholder Yield ETF stock opened at $40.41 on Friday. The business has a 50 day moving average of $38.60 and a 200-day moving average of $38.04. Cambria Foreign Shareholder Yield ETF has a 1 year low of $30.32 and a 1 year high of $40.84. The company has a market capitalization of $547.56 million, a P/E ratio of 10.06 and a beta of 0.77.

Cambria Foreign Shareholder Yield ETF Company Profile

The Cambria Foreign Shareholder Yield ETF (FYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in Developed Ex-US stocks with focus on shareholder yield, as measured by dividend payments and net share buybacks. FYLD was launched on Dec 3, 2013 and is managed by Cambria.