Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Short Interest Down 56.3% in June

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 764 shares, a decrease of 56.3% from the May 31st total of 1,747 shares. Based on an average daily trading volume, of 858 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Cambria Large Cap Shareholder Yield ETF

Several hedge funds have recently added to or reduced their stakes in the company. Cambria Investment Management L.P. increased its position in Cambria Large Cap Shareholder Yield ETF by 1.0% in the third quarter. Cambria Investment Management L.P. now owns 108,473 shares of the company’s stock worth $3,002,000 after purchasing an additional 1,030 shares during the period. Betterment LLC lifted its position in Cambria Large Cap Shareholder Yield ETF by 11.1% during the 3rd quarter. Betterment LLC now owns 20,767 shares of the company’s stock valued at $575,000 after purchasing an additional 2,082 shares during the period. Finally, Kesler Norman & Wride LLC boosted its stake in shares of Cambria Large Cap Shareholder Yield ETF by 10.2% in the 4th quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock valued at $561,000 after purchasing an additional 1,868 shares during the last quarter.

Cambria Large Cap Shareholder Yield ETF Stock Performance

BATS LYLD opened at $30.20 on Monday. The stock has a fifty day moving average of $29.96 and a 200-day moving average of $29.37. The stock has a market capitalization of $5.29 million and a P/E ratio of 12.86. Cambria Large Cap Shareholder Yield ETF has a 52 week low of $25.91 and a 52 week high of $30.72.

Cambria Large Cap Shareholder Yield ETF Company Profile

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.