Cambria Tax Aware ETF (NASDAQ:TAX) Sees Significant Decline in Short Interest

Cambria Tax Aware ETF (NASDAQ:TAX) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 85 shares, a drop of 45.9% from the July 15th total of 157 shares. Based on an average trading volume of 1,072 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Cambria Tax Aware ETF

An institutional investor recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. bought a new stake in shares of Cambria Tax Aware ETF (NASDAQ:TAX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned about 1.38% of Cambria Tax Aware ETF as of its most recent filing with the Securities and Exchange Commission. 49.01% of the stock is currently owned by institutional investors and hedge funds.

Cambria Tax Aware ETF Stock Down 0.0%

TAX traded down $0.00 on Monday, hitting $32.20. The company had a trading volume of 34 shares, compared to its average volume of 2,129. The business’s fifty day simple moving average is $30.95 and its 200 day simple moving average is $29.60. Cambria Tax Aware ETF has a 12-month low of $26.30 and a 12-month high of $32.20. The company has a market cap of $26.40 million, a PE ratio of 40.25 and a beta of 0.94.

Cambria Tax Aware ETF Company Profile

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.