Cambria Fixed Income Trend ETF (BATS:CFIT) Stock Short Interest Report for September

Cambria Fixed Income Trend ETF (BATS:CFIT) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 5,336 shares, a growth of 65.0% from the September 15th total of 3,234 shares. Based on an average daily volume of 9,454 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Cambria Fixed Income Trend ETF

Several institutional investors have recently bought and sold shares of CFIT. Sound Financial Strategies Group LLC acquired a new stake in Cambria Fixed Income Trend ETF in the second quarter valued at $15,231,000. Kintra Wealth LLC acquired a new position in shares of Cambria Fixed Income Trend ETF during the 2nd quarter worth about $756,000. Envestnet Asset Management Inc. raised its holdings in shares of Cambria Fixed Income Trend ETF by 23.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,948 shares of the company’s stock valued at $416,000 after purchasing an additional 3,031 shares during the period. Sanders Morris Harris LLC bought a new stake in shares of Cambria Fixed Income Trend ETF in the 3rd quarter valued at about $327,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Cambria Fixed Income Trend ETF in the 1st quarter valued at about $320,000.

Cambria Fixed Income Trend ETF Stock Performance

Shares of Cambria Fixed Income Trend ETF stock opened at $24.93 on Friday. The stock’s 50-day moving average is $25.57 and its 200-day moving average is $25.73. Cambria Fixed Income Trend ETF has a one year low of $24.42 and a one year high of $26.45.

Cambria Fixed Income Trend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were issued a dividend of $0.3025 per share. The ex-dividend date was Friday, September 18th. This is a boost from Cambria Fixed Income Trend ETF’s previous quarterly dividend of $0.1031. This represents a $1.21 dividend on an annualized basis and a dividend yield of 4.9%.

About Cambria Fixed Income Trend ETF

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.