Cambria Emerging Shareholder Yield ETF (BATS:EYLD) Short Interest Update

Cambria Emerging Shareholder Yield ETF (BATS:EYLD) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 76,239 shares, a drop of 48.5% from the May 14th total of 148,120 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 132,416 shares, the days-to-cover ratio is presently 0.6 days.

Cambria Emerging Shareholder Yield ETF Stock Performance

Shares of EYLD opened at $47.83 on Monday. Cambria Emerging Shareholder Yield ETF has a one year low of $34.30 and a one year high of $48.10. The stock’s fifty day moving average is $45.22 and its 200-day moving average is $42.41. The firm has a market capitalization of $698.32 million, a price-to-earnings ratio of 9.92 and a beta of 0.69.

Institutional Investors Weigh In On Cambria Emerging Shareholder Yield ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. One Plus One Wealth Management LLC bought a new stake in shares of Cambria Emerging Shareholder Yield ETF during the fourth quarter valued at about $4,789,000. Westview Management dba Westview Investment Advisors bought a new stake in shares of Cambria Emerging Shareholder Yield ETF during the fourth quarter valued at about $5,031,000. Whalen Wealth Management Inc. bought a new stake in shares of Cambria Emerging Shareholder Yield ETF during the fourth quarter valued at about $1,279,000. Sunbelt Securities Inc. bought a new stake in shares of Cambria Emerging Shareholder Yield ETF during the third quarter valued at about $1,860,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Cambria Emerging Shareholder Yield ETF by 1,108.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,403,037 shares of the company’s stock valued at $136,913,000 after purchasing an additional 3,121,323 shares in the last quarter.

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.