Cambria Tail Risk ETF (BATS:TAIL) Short Interest Update

Cambria Tail Risk ETF (BATS:TAIL) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 384,378 shares, an increase of 390.3% from the May 31st total of 78,398 shares. Currently, 4.6% of the company’s shares are sold short. Based on an average daily trading volume, of 274,658 shares, the days-to-cover ratio is presently 1.4 days.

Cambria Tail Risk ETF Stock Performance

TAIL opened at $10.83 on Friday. Cambria Tail Risk ETF has a 52-week low of $10.60 and a 52-week high of $12.19. The stock has a market capitalization of $89.89 million, a PE ratio of 23.34 and a beta of -0.31. The stock’s 50 day moving average price is $10.83 and its 200-day moving average price is $11.31.

Institutional Trading of Cambria Tail Risk ETF

Several large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC increased its position in Cambria Tail Risk ETF by 224.4% during the 4th quarter. Global Retirement Partners LLC now owns 4,620 shares of the company’s stock valued at $53,000 after purchasing an additional 3,196 shares during the period. Osaic Holdings Inc. lifted its position in shares of Cambria Tail Risk ETF by 864.1% in the 2nd quarter. Osaic Holdings Inc. now owns 7,173 shares of the company’s stock worth $86,000 after purchasing an additional 6,429 shares during the period. Bank of Montreal Can bought a new stake in shares of Cambria Tail Risk ETF during the 4th quarter valued at about $115,000. Principal Securities Inc. boosted its stake in shares of Cambria Tail Risk ETF by 202.4% during the 4th quarter. Principal Securities Inc. now owns 10,099 shares of the company’s stock valued at $116,000 after purchasing an additional 6,759 shares in the last quarter. Finally, Simplicity Wealth LLC purchased a new position in shares of Cambria Tail Risk ETF during the first quarter valued at about $122,000.

Cambria Tail Risk ETF Company Profile

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is managed by Cambria.