Cambria Shareholder Yield ETF (BATS:SYLD) Short Interest Up 64.6% in May

Cambria Shareholder Yield ETF (BATS:SYLD) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 49,240 shares, a growth of 64.6% from the May 14th total of 29,911 shares. Based on an average trading volume of 48,933 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the shares of the company are short sold.

Cambria Shareholder Yield ETF Stock Performance

SYLD stock opened at $79.93 on Tuesday. The company’s 50-day simple moving average is $78.24 and its 200 day simple moving average is $75.15. Cambria Shareholder Yield ETF has a 52 week low of $63.19 and a 52 week high of $81.27. The company has a market capitalization of $1.15 billion, a PE ratio of 11.01 and a beta of 1.04.

Hedge Funds Weigh In On Cambria Shareholder Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC grew its stake in shares of 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 acquiring an additional 335 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at about $42,000. Advisory Services Network LLC acquired a new position in shares of Cambria Shareholder Yield ETF in the third quarter valued at about $52,000. Tucker Asset Management LLC acquired a new position in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at about $63,000. Finally, Allworth Financial LP acquired a new position in shares of Cambria Shareholder Yield ETF in the third quarter valued at about $67,000.

About Cambria Shareholder Yield ETF

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.