Cambria Chesapeake Pure Trend ETF (BATS:MFUT) Short Interest Up 144.9% in August

Cambria Chesapeake Pure Trend ETF (BATS:MFUT) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 14,561 shares, a growth of 144.9% from the August 15th total of 5,945 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 8,571 shares, the short-interest ratio is currently 1.7 days.

Cambria Chesapeake Pure Trend ETF Price Performance

Shares of Cambria Chesapeake Pure Trend ETF stock opened at $20.09 on Friday. Cambria Chesapeake Pure Trend ETF has a 52 week low of $15.06 and a 52 week high of $22.00. The business has a 50 day moving average price of $19.36 and a 200-day moving average price of $18.88.

About Cambria Chesapeake Pure Trend ETF

The Cambria Chesapeake Pure Trend ETF (MFUT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that seeks capital preservation and appreciation through a trend-following strategy that targets opportunities across currencies, commodities, fixed income, and equities. MFUT was launched on May 29, 2024 and is issued by Cambria.