Short Interest in Cambria Value and Momentum ETF (BATS:VAMO) Decreases By 36.7%

Cambria Value and Momentum ETF (BATS:VAMO) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 16,423 shares, a drop of 36.7% from the June 30th total of 25,963 shares. Based on an average daily trading volume, of 1,654 shares, the short-interest ratio is presently 9.9 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VAMO. CIBC Bancorp USA Inc. bought a new stake in Cambria Value and Momentum ETF in the third quarter valued at approximately $364,000. CIBC Private Wealth Group LLC boosted its position in shares of Cambria Value and Momentum ETF by 190.5% during the third quarter. CIBC Private Wealth Group LLC now owns 10,904 shares of the company’s stock worth $364,000 after purchasing an additional 7,151 shares in the last quarter. LPL Financial LLC boosted its position in shares of Cambria Value and Momentum ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 109,332 shares of the company’s stock worth $3,732,000 after purchasing an additional 3,559 shares in the last quarter. Bravias Capital Group LLC grew its holdings in shares of Cambria Value and Momentum ETF by 14.0% in the 4th quarter. Bravias Capital Group LLC now owns 150,478 shares of the company’s stock valued at $5,137,000 after buying an additional 18,525 shares during the period. Finally, Empowered Funds LLC grew its holdings in shares of Cambria Value and Momentum ETF by 100.8% in the 4th quarter. Empowered Funds LLC now owns 367,544 shares of the company’s stock valued at $12,546,000 after buying an additional 184,497 shares during the period.

Cambria Value and Momentum ETF Price Performance

Shares of VAMO stock opened at $36.59 on Friday. The stock has a market cap of $65.86 million, a PE ratio of 13.51 and a beta of 0.33. The stock has a 50-day moving average of $35.85 and a 200-day moving average of $35.50. Cambria Value and Momentum ETF has a one year low of $30.04 and a one year high of $36.84.

Cambria Value and Momentum ETF Company Profile

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio. VAMO was launched on Sep 9, 2015 and is managed by Cambria.