Cambria Emerging Shareholder Yield ETF (BATS:EYLD) Short Interest Down 47.1% in April

Cambria Emerging Shareholder Yield ETF (BATS:EYLD) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 187,724 shares, a drop of 47.1% from the April 15th total of 355,130 shares. Based on an average daily trading volume, of 93,359 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.3% of the company’s stock are short sold.

Cambria Emerging Shareholder Yield ETF Stock Performance

Shares of Cambria Emerging Shareholder Yield ETF stock opened at $44.57 on Friday. The business’s 50 day simple moving average is $43.31 and its 200 day simple moving average is $41.31. Cambria Emerging Shareholder Yield ETF has a 52-week low of $33.19 and a 52-week high of $46.79. The firm has a market cap of $650.72 million, a PE ratio of 9.92 and a beta of 0.69.

Institutional Investors Weigh In On Cambria Emerging Shareholder Yield ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EYLD. Advisory Services Network LLC acquired a new stake in Cambria Emerging Shareholder Yield ETF in the 3rd quarter valued at approximately $26,000. SHP Wealth Management acquired a new stake in Cambria Emerging Shareholder Yield ETF in the 4th quarter valued at approximately $38,000. EQ Wealth Advisors LLC acquired a new stake in Cambria Emerging Shareholder Yield ETF in the 4th quarter valued at approximately $49,000. Allworth Financial LP raised its position in Cambria Emerging Shareholder Yield ETF by 270.9% in the 3rd quarter. Allworth Financial LP now owns 1,632 shares of the company’s stock valued at $61,000 after buying an additional 1,192 shares during the last quarter. Finally, Optima Capital LLC bought a new position in Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at approximately $65,000.

About Cambria Emerging Shareholder Yield ETF

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.