Cambria Tail Risk ETF (BATS:TAIL) Stock Short Interest Report for October

Cambria Tail Risk ETF (BATS:TAIL) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 180,380 shares, a decrease of 37.1% from the September 30th total of 286,889 shares. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily volume of 150,360 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On Cambria Tail Risk ETF

A number of institutional investors have recently modified their holdings of TAIL. Simplicity Wealth LLC bought a new stake in shares of Cambria Tail Risk ETF during the first quarter valued at approximately $122,000. Envestnet Asset Management Inc. grew its stake in shares of Cambria Tail Risk ETF by 21.5% during the second quarter. Envestnet Asset Management Inc. now owns 78,270 shares of the company’s stock worth $832,000 after purchasing an additional 13,842 shares during the period. Professional Financial Management Inc. grew its position in shares of Cambria Tail Risk ETF by 1.8% during the 3rd quarter. Professional Financial Management Inc. now owns 795,546 shares of the company’s stock worth $7,784,000 after buying an additional 14,199 shares during the period. Farther Finance Advisors LLC grew its holdings in Cambria Tail Risk ETF by 39.0% during the third quarter. Farther Finance Advisors LLC now owns 52,946 shares of the company’s stock valued at $518,000 after purchasing an additional 14,868 shares during the period. Finally, ZEGA Investments LLC increased its position in shares of Cambria Tail Risk ETF by 47.3% in the 2nd quarter. ZEGA Investments LLC now owns 57,935 shares of the company’s stock valued at $616,000 after buying an additional 18,607 shares in the last quarter.

Cambria Tail Risk ETF Stock Performance

Shares of BATS:TAIL opened at $10.17 on Tuesday. Cambria Tail Risk ETF has a twelve month low of $9.70 and a twelve month high of $12.19. The firm has a market cap of $84.41 million, a PE ratio of 23.34 and a beta of -0.31. The business has a fifty day moving average of $10.00 and a 200-day moving average of $10.79.

Cambria Tail Risk ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were issued a dividend of $0.0844 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.34 dividend on an annualized basis and a yield of 3.3%. This is an increase from Cambria Tail Risk ETF’s previous quarterly dividend of $0.0477.

Cambria Tail Risk ETF Company Profile

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is managed by Cambria.