Short Interest in Cambria Global Asset Allocation ETF (BATS:GAA) Decreases By 56.4%

Cambria Global Asset Allocation ETF (BATS:GAA) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 9,173 shares, a decrease of 56.4% from the June 30th total of 21,026 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 5,173 shares, the short-interest ratio is currently 1.8 days.

Cambria Global Asset Allocation ETF Trading Down 0.1%

Shares of GAA stock opened at $34.93 on Tuesday. Cambria Global Asset Allocation ETF has a 1-year low of $29.99 and a 1-year high of $35.88. The company has a market capitalization of $64.62 million, a price-to-earnings ratio of 10.59 and a beta of 0.50. The stock’s fifty day simple moving average is $34.87 and its 200-day simple moving average is $34.46.

Hedge Funds Weigh In On Cambria Global Asset Allocation ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of Cambria Global Asset Allocation ETF in the 2nd quarter valued at about $55,000. Snowden Capital Advisors LLC acquired a new stake in shares of Cambria Global Asset Allocation ETF during the 2nd quarter valued at $201,000. Osaic Holdings Inc. grew its holdings in shares of Cambria Global Asset Allocation ETF by 31.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,034 shares of the company’s stock valued at $62,000 after acquiring an additional 481 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Cambria Global Asset Allocation ETF in the third quarter worth $219,000. Finally, Advisory Services Network LLC acquired a new position in shares of Cambria Global Asset Allocation ETF in the third quarter worth $60,000.

About Cambria Global Asset Allocation ETF

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.