Cambria Value and Momentum ETF (BATS:VAMO) Stock Short Interest Report for October

Cambria Value and Momentum ETF (BATS:VAMO) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 13,527 shares, a growth of 246.3% from the October 15th total of 3,906 shares. Based on an average daily volume of 4,011 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Cambria Value and Momentum ETF

A hedge fund recently raised its stake in Cambria Value and Momentum ETF stock. ALM First Financial Advisors LLC raised its holdings in Cambria Value and Momentum ETF (BATS:VAMO) by 65.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,429,000 shares of the company’s stock after buying an additional 563,571 shares during the quarter. Cambria Value and Momentum ETF accounts for 8.2% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 5th largest holding. ALM First Financial Advisors LLC owned about 79.39% of Cambria Value and Momentum ETF worth $51,344,000 as of its most recent SEC filing.

Cambria Value and Momentum ETF Stock Performance

Shares of BATS VAMO opened at $35.49 on Friday. The stock has a market cap of $86.24 million, a P/E ratio of 11.31 and a beta of 0.26. Cambria Value and Momentum ETF has a 52-week low of $32.01 and a 52-week high of $37.54. The firm has a 50 day moving average price of $35.83 and a two-hundred day moving average price of $35.73.

Cambria Value and Momentum ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were given a dividend of $0.0768 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.9%. This is a positive change from Cambria Value and Momentum ETF’s previous quarterly dividend of $0.0458. The ex-dividend date was Friday, September 18th.

About Cambria Value and Momentum ETF

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio. VAMO was launched on Sep 9, 2015 and is managed by Cambria.