Cambria Global Asset Allocation ETF (BATS:GAA) Short Interest Up 88.1% in June

Cambria Global Asset Allocation ETF (BATS:GAA) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 21,026 shares, a growth of 88.1% from the June 15th total of 11,176 shares. Based on an average daily volume of 11,699 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.1% of the company’s stock are sold short.

Cambria Global Asset Allocation ETF Stock Performance

BATS GAA opened at $34.87 on Friday. Cambria Global Asset Allocation ETF has a 52-week low of $29.99 and a 52-week high of $35.88. The business has a 50 day simple moving average of $34.88 and a 200 day simple moving average of $34.35. The stock has a market cap of $64.51 million, a price-to-earnings ratio of 10.59 and a beta of 0.50.

Institutional Trading of Cambria Global Asset Allocation ETF

Hedge funds have recently bought and sold shares of the business. Susquehanna International Group LLP bought a new stake in Cambria Global Asset Allocation ETF during the third quarter worth $219,000. Snowden Capital Advisors LLC bought a new position in Cambria Global Asset Allocation ETF during the 2nd quarter valued at $201,000. LPL Financial LLC lifted its stake in Cambria Global Asset Allocation ETF by 2.3% during the 4th quarter. LPL Financial LLC now owns 281,859 shares of the company’s stock valued at $9,163,000 after acquiring an additional 6,369 shares in the last quarter. Professional Financial Advisors LLC boosted its holdings in Cambria Global Asset Allocation ETF by 9.3% during the 4th quarter. Professional Financial Advisors LLC now owns 54,914 shares of the company’s stock worth $1,785,000 after acquiring an additional 4,676 shares during the last quarter. Finally, StoneX Group Inc. boosted its holdings in Cambria Global Asset Allocation ETF by 4.8% during the 4th quarter. StoneX Group Inc. now owns 74,258 shares of the company’s stock worth $2,414,000 after acquiring an additional 3,430 shares during the last quarter.

About Cambria Global Asset Allocation ETF

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.