Cambria Global Asset Allocation ETF (BATS:GAA) Short Interest Up 88.1% in June

Cambria Global Asset Allocation ETF (BATS:GAA) was the target of a significant increase in short interest in 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. Based on an average daily trading volume, of 11,699 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.1% of the shares of the stock are sold short.

Cambria Global Asset Allocation ETF Stock Up 0.1%

BATS:GAA opened at $34.95 on Thursday. The stock has a market cap of $64.66 million, a P/E ratio of 10.59 and a beta of 0.50. The business’s 50-day moving average price is $34.89 and its two-hundred day moving average price is $34.33. Cambria Global Asset Allocation ETF has a twelve month low of $29.99 and a twelve month high of $35.88.

Institutional Investors Weigh In On Cambria Global Asset Allocation ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC lifted its position in Cambria Global Asset Allocation ETF by 2.3% during the fourth quarter. LPL Financial LLC now owns 281,859 shares of the company’s stock valued at $9,163,000 after purchasing an additional 6,369 shares during the last quarter. StoneX Group Inc. increased its holdings in shares of Cambria Global Asset Allocation ETF by 4.8% in the 4th quarter. StoneX Group Inc. now owns 74,258 shares of the company’s stock worth $2,414,000 after buying an additional 3,430 shares during the last quarter. Professional Financial Advisors LLC increased its holdings in shares of Cambria Global Asset Allocation ETF by 9.3% in the 4th quarter. Professional Financial Advisors LLC now owns 54,914 shares of the company’s stock worth $1,785,000 after buying an additional 4,676 shares during the last quarter. IFG Advisory LLC raised its position in shares of Cambria Global Asset Allocation ETF by 11.6% during the 4th quarter. IFG Advisory LLC now owns 21,458 shares of the company’s stock valued at $698,000 after buying an additional 2,226 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of Cambria Global Asset Allocation ETF during the 3rd quarter valued at $219,000.

Cambria Global Asset Allocation ETF Company Profile

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.