Cambria Tax Aware ETF (NASDAQ:TAX) Short Interest Up 3,984.6% in January

Cambria Tax Aware ETF (NASDAQ:TAX) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 5,841 shares, a growth of 3,984.6% from the December 31st total of 143 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 1,125 shares, the short-interest ratio is currently 5.2 days. Based on an average trading volume of 1,125 shares, the short-interest ratio is currently 5.2 days. Currently, 0.6% of the company’s shares are short sold.

Cambria Tax Aware ETF Stock Up 0.0%

NASDAQ TAX traded up $0.01 during trading on Tuesday, hitting $29.38. The stock had a trading volume of 529 shares, compared to its average volume of 15,196. The company has a market capitalization of $31.14 million, a PE ratio of 36.73 and a beta of 1.32. The firm has a 50 day moving average price of $28.77 and a 200 day moving average price of $27.85. Cambria Tax Aware ETF has a twelve month low of $20.00 and a twelve month high of $29.66.

Cambria Tax Aware ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a $0.0979 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. Cambria Tax Aware ETF’s dividend payout ratio is currently 6.25%.

Hedge Funds Weigh In On Cambria Tax Aware ETF

An institutional investor recently bought a new position in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. bought a new stake in Cambria Tax Aware ETF (NASDAQ:TAX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned about 1.38% of Cambria Tax Aware ETF at the end of the most recent reporting period. 49.01% of the stock is currently owned by institutional investors.

Cambria Tax Aware ETF Company Profile

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.