Cambria Tax Aware ETF (NASDAQ:TAX) Short Interest Update

Cambria Tax Aware ETF (NASDAQ:TAX) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 5,841 shares, a growth of 3,984.6% from the December 31st total of 143 shares. Based on an average daily trading volume, of 1,125 shares, the days-to-cover ratio is presently 5.2 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,125 shares, the days-to-cover ratio is presently 5.2 days.

Cambria Tax Aware ETF Trading Down 0.2%

TAX stock opened at $29.33 on Thursday. The firm has a 50 day moving average of $28.80 and a 200-day moving average of $27.86. The company has a market cap of $31.09 million, a price-to-earnings ratio of 36.66 and a beta of 1.32. Cambria Tax Aware ETF has a 12-month low of $20.00 and a 12-month high of $29.66.

Cambria Tax Aware ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.0979 per share. The ex-dividend date was Tuesday, December 23rd. Cambria Tax Aware ETF’s payout ratio is presently 6.25%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. acquired a new stake in Cambria Tax Aware ETF (NASDAQ:TAX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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 at the end of the most recent quarter. Institutional investors own 49.01% of the company’s stock.

About Cambria Tax Aware ETF

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.