Cambria Trinity ETF (BATS:TRTY) Sees Large Increase in Short Interest

Cambria Trinity ETF (BATS:TRTY) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 21,253 shares, an increase of 67.5% from the May 14th total of 12,685 shares. Based on an average daily volume of 4,936 shares, the short-interest ratio is presently 4.3 days. Approximately 0.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On Cambria Trinity ETF

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in Cambria Trinity ETF during the second quarter worth approximately $36,000. Jane Street Group LLC acquired a new stake in shares of Cambria Trinity ETF in the 2nd quarter valued at about $212,000. Envestnet Asset Management Inc. acquired a new stake in shares of Cambria Trinity ETF in the 3rd quarter valued at about $239,000. Citadel Advisors LLC boosted its position in shares of Cambria Trinity ETF by 50.9% in the 3rd quarter. Citadel Advisors LLC now owns 33,885 shares of the company’s stock valued at $943,000 after purchasing an additional 11,430 shares during the period. Finally, Bravias Capital Group LLC lifted its position in Cambria Trinity ETF by 0.8% during the 4th quarter. Bravias Capital Group LLC now owns 78,070 shares of the company’s stock worth $2,224,000 after acquiring an additional 596 shares during the period.

Cambria Trinity ETF Price Performance

BATS:TRTY opened at $31.00 on Monday. The stock’s 50 day simple moving average is $30.85 and its two-hundred day simple moving average is $30.06. The company has a market cap of $133.30 million, a price-to-earnings ratio of 11.85 and a beta of 0.42. Cambria Trinity ETF has a 1 year low of $25.93 and a 1 year high of $31.45.

About Cambria Trinity ETF

The Cambria Trinity ETF (TRTY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with exposure to a variety of asset classes, including equity, fixed income, real estate, commodities, and currencies. The fund seeks income and capital appreciation. TRTY was launched on Sep 10, 2018 and is managed by Cambria.