Cambria Global Value ETF (BATS:GVAL) Short Interest Up 580.8% in June

Cambria Global Value ETF (BATS:GVAL) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 47,104 shares, a growth of 580.8% from the May 31st total of 6,919 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 265,252 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Cambria Global Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. acquired a new position in shares of Cambria Global Value ETF in the second quarter worth about $26,000. Ascentis Independent Advisors acquired a new stake in Cambria Global Value ETF during the 1st quarter valued at approximately $66,000. Western Wealth Management LLC acquired a new stake in Cambria Global Value ETF during the 1st quarter valued at approximately $113,000. Northwestern Mutual Wealth Management Co. increased its holdings in Cambria Global Value ETF by 10,151.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,793 shares of the company’s stock worth $119,000 after purchasing an additional 3,756 shares during the last quarter. Finally, Longview Financial Advisors Inc. purchased a new stake in Cambria Global Value ETF during the 1st quarter worth approximately $132,000.

Cambria Global Value ETF Trading Down 0.2%

GVAL opened at $35.97 on Friday. Cambria Global Value ETF has a twelve month low of $26.72 and a twelve month high of $37.94. The firm has a market cap of $309.34 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. The company has a fifty day simple moving average of $35.75 and a 200 day simple moving average of $34.27.

Cambria Global Value ETF Company Profile

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.