Cambria Tactical Yield ETF (BATS:TYLD) Sees Large Increase in Short Interest

Cambria Tactical Yield ETF (BATS:TYLD) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 12,817 shares, a growth of 57.5% from the September 15th total of 8,139 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 15,882 shares, the days-to-cover ratio is presently 0.8 days.

Cambria Tactical Yield ETF Stock Performance

Shares of TYLD stock opened at $25.35 on Friday. The firm’s 50 day moving average is $25.39 and its 200 day moving average is $25.30. Cambria Tactical Yield ETF has a 12 month low of $25.05 and a 12 month high of $25.53.

Cambria Tactical Yield ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were paid a $0.1759 dividend. The ex-dividend date was Friday, September 18th. This represents a $0.70 dividend on an annualized basis and a yield of 2.8%. This is a positive change from Cambria Tactical Yield ETF’s previous quarterly dividend of $0.1053.

Institutional Investors Weigh In On Cambria Tactical Yield ETF

A hedge fund recently bought a new position in Cambria Tactical Yield ETF stock. ALM First Financial Advisors LLC bought a new position in shares of Cambria Tactical Yield ETF (BATS:TYLD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 575,488 shares of the company’s stock, valued at approximately $14,586,000. Cambria Tactical Yield ETF makes up 2.3% of ALM First Financial Advisors LLC’s portfolio, making the stock its 10th largest position. ALM First Financial Advisors LLC owned 57.55% of Cambria Tactical Yield ETF at the end of the most recent reporting period.

About Cambria Tactical Yield ETF

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.