Cambria Global Value ETF (BATS:GVAL) Stock Short Interest Climbs 94.0%

Cambria Global Value ETF (BATS:GVAL) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 172,557 shares, an increase of 94.0% from the August 31st total of 88,931 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 207,799 shares, the short-interest ratio is presently 0.8 days.

Cambria Global Value ETF Stock Performance

BATS:GVAL opened at $38.46 on Tuesday. Cambria Global Value ETF has a one year low of $28.50 and a one year high of $39.87. The firm has a market cap of $330.76 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. The firm’s fifty day moving average is $38.34 and its two-hundred day moving average is $36.32.

Cambria Global Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were paid a dividend of $0.2562 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, September 18th. This is a decrease from Cambria Global Value ETF’s previous quarterly dividend of $0.3357.

Hedge Funds Weigh In On Cambria Global Value ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. ALM First Financial Advisors LLC boosted its position in Cambria Global Value ETF by 53.2% in the 2nd quarter. ALM First Financial Advisors LLC now owns 1,564,110 shares of the company’s stock worth $56,339,000 after purchasing an additional 543,319 shares in the last quarter. Rockport Wealth LLC grew its stake in shares of Cambria Global Value ETF by 36.0% during the 1st quarter. Rockport Wealth LLC now owns 260,085 shares of the company’s stock worth $8,627,000 after purchasing an additional 68,878 shares during the period. D.A. Davidson & CO. grew its stake in shares of Cambria Global Value ETF by 92.5% during the 1st quarter. D.A. Davidson & CO. now owns 234,069 shares of the company’s stock worth $7,764,000 after purchasing an additional 112,473 shares during the period. Empowered Funds LLC increased its holdings in shares of Cambria Global Value ETF by 1.7% during the 1st quarter. Empowered Funds LLC now owns 210,333 shares of the company’s stock valued at $6,977,000 after purchasing an additional 3,598 shares in the last quarter. Finally, Del Sette Capital Management LLC increased its holdings in shares of Cambria Global Value ETF by 5.0% during the 1st quarter. Del Sette Capital Management LLC now owns 166,856 shares of the company’s stock valued at $5,535,000 after purchasing an additional 7,983 shares in the last quarter.

Cambria Global Value ETF Company Profile

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.