Short Interest in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) Drops By 48.5%

Cambria Emerging Shareholder Yield ETF (BATS:EYLD) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 76,239 shares, a decline of 48.5% from the May 14th total of 148,120 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 132,416 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Cambria Emerging Shareholder Yield ETF

A number of large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of Cambria Emerging Shareholder Yield ETF by 1,108.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,403,037 shares of the company’s stock valued at $136,913,000 after acquiring an additional 3,121,323 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Cambria Emerging Shareholder Yield ETF by 7.2% during the 4th quarter. HighTower Advisors LLC now owns 1,251,256 shares of the company’s stock valued at $47,961,000 after acquiring an additional 83,675 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Cambria Emerging Shareholder Yield ETF by 25.9% during the 4th quarter. NewEdge Advisors LLC now owns 1,137,292 shares of the company’s stock valued at $43,592,000 after acquiring an additional 233,971 shares during the last quarter. Foster & Motley Inc. boosted its position in shares of Cambria Emerging Shareholder Yield ETF by 0.9% during the 4th quarter. Foster & Motley Inc. now owns 1,078,407 shares of the company’s stock valued at $41,335,000 after acquiring an additional 9,964 shares during the last quarter. Finally, Cambria Investment Management L.P. boosted its position in shares of Cambria Emerging Shareholder Yield ETF by 42.8% during the 3rd quarter. Cambria Investment Management L.P. now owns 793,065 shares of the company’s stock valued at $28,928,000 after acquiring an additional 237,886 shares during the last quarter.

Cambria Emerging Shareholder Yield ETF Stock Up 1.4%

EYLD stock opened at $47.83 on Friday. The firm has a market capitalization of $698.32 million, a PE ratio of 9.92 and a beta of 0.69. The stock has a 50-day simple moving average of $45.22 and a two-hundred day simple moving average of $42.38. Cambria Emerging Shareholder Yield ETF has a twelve month low of $34.30 and a twelve month high of $48.10.

Cambria Emerging Shareholder Yield ETF Company Profile

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.