Cambria Global Value ETF (BATS:GVAL) Sees Significant Increase in Short Interest

Cambria Global Value ETF (BATS:GVAL) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 43,500 shares, an increase of 500.4% from the April 30th total of 7,245 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 353,169 shares, the days-to-cover ratio is presently 0.1 days.

Cambria Global Value ETF Stock Down 0.4%

Shares of GVAL stock opened at $35.57 on Friday. Cambria Global Value ETF has a twelve month low of $25.89 and a twelve month high of $36.44. The stock has a market cap of $305.90 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. The business’s fifty day moving average is $34.69 and its 200 day moving average is $33.52.

Hedge Funds Weigh In On Cambria Global Value ETF

Several large investors have recently made changes to their positions in GVAL. Geneos Wealth Management Inc. bought a new position in shares of Cambria Global Value ETF in the second quarter worth about $26,000. Ascentis Independent Advisors purchased a new position in shares of Cambria Global Value ETF during the first quarter valued at about $66,000. Western Wealth Management LLC bought a new stake in shares of Cambria Global Value ETF in the first quarter worth about $113,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Cambria Global Value ETF by 10,151.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,793 shares of the company’s stock worth $119,000 after purchasing an additional 3,756 shares during the last quarter. Finally, Longview Financial Advisors Inc. purchased a new stake in shares of Cambria Global Value ETF in the first quarter worth about $132,000.

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.