Cambria Shareholder Yield ETF (BATS:SYLD) Short Interest Down 38.1% in May

Cambria Shareholder Yield ETF (BATS:SYLD) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 29,911 shares, a drop of 38.1% from the April 30th total of 48,322 shares. Based on an average daily trading volume, of 70,592 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Cambria Shareholder Yield ETF Trading Down 0.5%

Shares of Cambria Shareholder Yield ETF stock opened at $78.54 on Thursday. Cambria Shareholder Yield ETF has a 12-month low of $63.14 and a 12-month high of $79.80. The stock has a market cap of $1.13 billion, a PE ratio of 11.01 and a beta of 1.04. The company has a 50-day moving average of $77.53 and a two-hundred day moving average of $74.44.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC increased its holdings in Cambria Shareholder Yield ETF by 33,500.0% in the fourth quarter. Sound Income Strategies LLC now owns 336 shares of the company’s stock valued at $25,000 after buying an additional 335 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at about $42,000. Advisory Services Network LLC purchased a new position in Cambria Shareholder Yield ETF in the third quarter valued at about $52,000. Tucker Asset Management LLC purchased a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at about $63,000. Finally, Allworth Financial LP purchased a new position in Cambria Shareholder Yield ETF in the third quarter valued at about $67,000.

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.