Cambria Shareholder Yield ETF (BATS:SYLD) Short Interest Up 121.0% in August

Cambria Shareholder Yield ETF (BATS:SYLD) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 72,859 shares, an increase of 121.0% from the August 15th total of 32,969 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 42,444 shares, the short-interest ratio is presently 1.7 days.

Hedge Funds Weigh In On Cambria Shareholder Yield ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SYLD. Empowered Funds LLC bought a new stake in shares of Cambria Shareholder Yield ETF in the first quarter worth $6,858,000. Ritholtz Wealth Management acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $3,255,000. Waverly Advisors LLC raised its position in Cambria Shareholder Yield ETF by 562.3% during the 1st quarter. Waverly Advisors LLC now owns 42,181 shares of the company’s stock worth $3,181,000 after purchasing an additional 35,812 shares during the last quarter. Integrated Advisors Network LLC raised its position in Cambria Shareholder Yield ETF by 79.2% during the 1st quarter. Integrated Advisors Network LLC now owns 69,856 shares of the company’s stock worth $5,268,000 after purchasing an additional 30,883 shares during the last quarter. Finally, Wealth Care LLC acquired a new position in Cambria Shareholder Yield ETF during the 1st quarter worth about $1,475,000.

Cambria Shareholder Yield ETF Stock Performance

BATS SYLD opened at $85.55 on Tuesday. The firm’s fifty day moving average price is $84.48 and its two-hundred day moving average price is $79.89. The stock has a market cap of $1.23 billion, a PE ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a fifty-two week low of $65.26 and a fifty-two week high of $87.33.

Cambria Shareholder Yield ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Thursday, June 18th were issued a dividend of $0.3403 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.36 annualized dividend and a dividend yield of 1.6%.

Cambria Shareholder Yield ETF Company Profile

The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.