Cambria Tactical Yield ETF (BATS:TYLD) Short Interest Down 94.0% in June

Cambria Tactical Yield ETF (BATS:TYLD) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 548 shares, a decline of 94.0% from the May 31st total of 9,069 shares. Based on an average daily volume of 2,421 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC raised its stake in Cambria Tactical Yield ETF by 7.5% in the third quarter. Citadel Advisors LLC now owns 11,938 shares of the company’s stock valued at $302,000 after buying an additional 833 shares during the last quarter. Betterment LLC acquired a new position in shares of Cambria Tactical Yield ETF during the second quarter valued at about $683,000. Jane Street Group LLC increased its holdings in shares of Cambria Tactical Yield ETF by 63.5% during the first quarter. Jane Street Group LLC now owns 49,265 shares of the company’s stock valued at $1,246,000 after acquiring an additional 19,125 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Cambria Tactical Yield ETF by 157.4% in the 3rd quarter. HighTower Advisors LLC now owns 49,677 shares of the company’s stock valued at $1,257,000 after purchasing an additional 30,380 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of Cambria Tactical Yield ETF in the 4th quarter valued at approximately $3,505,000.

Cambria Tactical Yield ETF Stock Performance

Shares of TYLD stock traded up $0.01 during trading hours on Thursday, reaching $25.26. 300 shares of the company’s stock were exchanged, compared to its average volume of 3,806. The stock’s 50 day moving average is $25.26 and its 200-day moving average is $25.25. Cambria Tactical Yield ETF has a fifty-two week low of $25.05 and a fifty-two week high of $25.53.

Cambria Tactical Yield ETF Company Profile

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.