Cambria Foreign Shareholder Yield ETF (BATS:FYLD) Sees Large Drop in Short Interest

Cambria Foreign Shareholder Yield ETF (BATS:FYLD) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 36,872 shares, a drop of 43.3% from the July 30th total of 64,976 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 133,996 shares, the days-to-cover ratio is presently 0.3 days.

Cambria Foreign Shareholder Yield ETF Stock Down 0.1%

Cambria Foreign Shareholder Yield ETF stock opened at $40.41 on Friday. The stock has a market cap of $547.56 million, a P/E ratio of 10.06 and a beta of 0.77. Cambria Foreign Shareholder Yield ETF has a twelve month low of $30.32 and a twelve month high of $40.84. The company’s 50-day moving average price is $38.60 and its two-hundred day moving average price is $38.04.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FYLD. ALM First Financial Advisors LLC raised its position in Cambria Foreign Shareholder Yield ETF by 206.2% during the second quarter. ALM First Financial Advisors LLC now owns 1,477,500 shares of the company’s stock valued at $53,914,000 after purchasing an additional 994,955 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Cambria Foreign Shareholder Yield ETF by 12.7% in the 4th quarter. HighTower Advisors LLC now owns 1,936,748 shares of the company’s stock valued at $62,925,000 after purchasing an additional 218,123 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Cambria Foreign Shareholder Yield ETF in the 4th quarter valued at $3,249,000. Empowered Funds LLC increased its stake in shares of Cambria Foreign Shareholder Yield ETF by 32.9% in the 4th quarter. Empowered Funds LLC now owns 381,536 shares of the company’s stock valued at $12,396,000 after purchasing an additional 94,548 shares during the last quarter. Finally, Equitable Holdings Inc. increased its stake in shares of Cambria Foreign Shareholder Yield ETF by 56.0% in the 2nd quarter. Equitable Holdings Inc. now owns 217,896 shares of the company’s stock valued at $6,371,000 after purchasing an additional 78,180 shares during the last quarter.

About Cambria Foreign Shareholder Yield ETF

The Cambria Foreign Shareholder Yield ETF (FYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in Developed Ex-US stocks with focus on shareholder yield, as measured by dividend payments and net share buybacks. FYLD was launched on Dec 3, 2013 and is managed by Cambria.