Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Short Interest Update

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,616 shares, a growth of 576.8% from the August 15th total of 682 shares. Based on an average daily volume of 542 shares, the short-interest ratio is currently 8.5 days. Currently, 2.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cambria Large Cap Shareholder Yield ETF stock. Betterment LLC purchased a new stake in shares of Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,685 shares of the company’s stock, valued at approximately $490,000. Betterment LLC owned about 10.99% of Cambria Large Cap Shareholder Yield ETF as of its most recent SEC filing.

Cambria Large Cap Shareholder Yield ETF Stock Up 0.5%

Shares of Cambria Large Cap Shareholder Yield ETF stock opened at $33.36 on Friday. Cambria Large Cap Shareholder Yield ETF has a twelve month low of $26.34 and a twelve month high of $34.05. The company’s 50 day moving average is $32.51 and its 200 day moving average is $30.69. The company has a market cap of $5.84 million and a price-to-earnings ratio of 12.86.

Cambria Large Cap Shareholder Yield ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Thursday, June 18th were issued a $0.1071 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.43 annualized dividend and a dividend yield of 1.3%.

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.