Short Interest in Cambria Global Asset Allocation ETF (BATS:GAA) Increases By 88.1%

Cambria Global Asset Allocation ETF (BATS:GAAGet Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 21,026 shares, an increase of 88.1% from the June 15th total of 11,176 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 11,699 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On Cambria Global Asset Allocation ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in Cambria Global Asset Allocation ETF during the second quarter worth about $55,000. Snowden Capital Advisors LLC purchased a new position in shares of Cambria Global Asset Allocation ETF in the second quarter worth about $201,000. Osaic Holdings Inc. increased its stake in shares of Cambria Global Asset Allocation ETF by 31.0% in the second quarter. Osaic Holdings Inc. now owns 2,034 shares of the company’s stock worth $62,000 after purchasing an additional 481 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Cambria Global Asset Allocation ETF in the third quarter valued at approximately $219,000. Finally, Advisory Services Network LLC bought a new stake in shares of Cambria Global Asset Allocation ETF in the third quarter valued at approximately $60,000.

Cambria Global Asset Allocation ETF Price Performance

Shares of BATS GAA opened at $34.95 on Thursday. Cambria Global Asset Allocation ETF has a one year low of $29.99 and a one year high of $35.88. The business’s fifty day moving average price is $34.89 and its 200-day moving average price is $34.33. The stock has a market capitalization of $64.66 million, a PE ratio of 10.59 and a beta of 0.50.

Cambria Global Asset Allocation ETF Company Profile

(Get Free Report)

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.

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