Cambria Tactical Yield ETF (BATS:TYLD) Sees Significant Growth in Short Interest

Cambria Tactical Yield ETF (BATS:TYLD) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 2,576 shares, an increase of 370.1% from the June 15th total of 548 shares. Based on an average daily trading volume, of 2,920 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s stock are sold short.

Cambria Tactical Yield ETF Price Performance

Cambria Tactical Yield ETF stock opened at $25.30 on Friday. Cambria Tactical Yield ETF has a one year low of $25.05 and a one year high of $25.53. The stock’s 50 day moving average price is $25.28 and its 200 day moving average price is $25.24.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cambria Investment Management L.P. boosted its stake in shares of Cambria Tactical Yield ETF by 1.1% in the third quarter. Cambria Investment Management L.P. now owns 333,520 shares of the company’s stock valued at $8,437,000 after purchasing an additional 3,508 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in Cambria Tactical Yield ETF during the 4th quarter worth $3,505,000. Jane Street Group LLC increased its stake in Cambria Tactical Yield ETF by 63.5% during the 1st quarter. Jane Street Group LLC now owns 49,265 shares of the company’s stock worth $1,246,000 after buying an additional 19,125 shares during the period. Betterment LLC lifted its holdings in Cambria Tactical Yield ETF by 4.8% in the 4th quarter. Betterment LLC now owns 36,282 shares of the company’s stock worth $913,000 after buying an additional 1,678 shares in the last quarter. Finally, Citadel Advisors LLC lifted its holdings in Cambria Tactical Yield ETF by 7.5% in the 3rd quarter. Citadel Advisors LLC now owns 11,938 shares of the company’s stock worth $302,000 after buying an additional 833 shares in the last quarter.

About Cambria Tactical Yield ETF

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.