Cambria Tail Risk ETF (BATS:TAIL) Short Interest Update

Cambria Tail Risk ETF (BATS:TAIL) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 384,378 shares, an increase of 390.3% from the May 31st total of 78,398 shares. Currently, 4.6% of the company’s stock are short sold. Based on an average daily volume of 274,658 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Cambria Tail Risk ETF

A number of large investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC boosted its stake in shares of Cambria Tail Risk ETF by 224.4% in the 4th quarter. Global Retirement Partners LLC now owns 4,620 shares of the company’s stock worth $53,000 after buying an additional 3,196 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Cambria Tail Risk ETF by 864.1% during the second quarter. Osaic Holdings Inc. now owns 7,173 shares of the company’s stock worth $86,000 after acquiring an additional 6,429 shares during the period. Bank of Montreal Can purchased a new position in Cambria Tail Risk ETF in the fourth quarter worth $115,000. Principal Securities Inc. grew its position in Cambria Tail Risk ETF by 202.4% during the fourth quarter. Principal Securities Inc. now owns 10,099 shares of the company’s stock valued at $116,000 after buying an additional 6,759 shares during the period. Finally, Simplicity Wealth LLC purchased a new stake in Cambria Tail Risk ETF during the first quarter worth about $122,000.

Cambria Tail Risk ETF Stock Up 0.4%

Shares of TAIL opened at $10.83 on Friday. Cambria Tail Risk ETF has a twelve month low of $10.60 and a twelve month high of $12.19. The company has a 50 day moving average of $10.83 and a 200-day moving average of $11.31. The stock has a market capitalization of $89.89 million, a P/E ratio of 23.34 and a beta of -0.31.

About Cambria Tail Risk ETF

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is managed by Cambria.