Cambria Global Value ETF (BATS:GVAL) Short Interest Up 553.0% in June

Cambria Global Value ETF (BATS:GVAL) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 307,585 shares, a growth of 553.0% from the June 15th total of 47,104 shares. Based on an average daily volume of 209,764 shares, the days-to-cover ratio is currently 1.5 days. Currently, 3.6% of the shares of the stock are sold short.

Cambria Global Value ETF Stock Performance

Shares of GVAL stock opened at $36.94 on Friday. The stock’s fifty day moving average is $35.88 and its two-hundred day moving average is $34.63. The firm has a market capitalization of $317.68 million, a P/E ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a fifty-two week low of $27.17 and a fifty-two week high of $37.94.

Institutional Investors Weigh In On Cambria Global Value ETF

A number of hedge funds have recently modified their holdings of GVAL. Geneos Wealth Management Inc. purchased a new stake in Cambria Global Value ETF during the 2nd quarter valued at about $26,000. Ascentis Independent Advisors purchased a new position in Cambria Global Value ETF in the 1st quarter worth approximately $66,000. Western Wealth Management LLC purchased a new position in Cambria Global Value ETF in the 1st quarter worth approximately $113,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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. acquired a new position in shares of Cambria Global Value ETF during the 1st quarter worth approximately $132,000.

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.