Short Interest in Cambria Global Value ETF (BATS:GVAL) Increases By 580.8%

Cambria Global Value ETF (BATS:GVAL) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 47,104 shares, an increase of 580.8% from the May 31st total of 6,919 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 265,252 shares, the days-to-cover ratio is presently 0.2 days.

Cambria Global Value ETF Stock Performance

Shares of GVAL opened at $35.64 on Friday. The company has a market capitalization of $306.50 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. The company’s 50 day simple moving average is $35.74 and its 200 day simple moving average is $34.28. Cambria Global Value ETF has a 1 year low of $26.72 and a 1 year high of $37.94.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. purchased a new stake in shares of Cambria Global Value ETF in the second quarter valued at $26,000. Ascentis Independent Advisors acquired a new position in Cambria Global Value ETF in the first quarter valued at $66,000. Western Wealth Management LLC purchased a new position in Cambria Global Value ETF during the first quarter worth about $113,000. Northwestern Mutual Wealth Management Co. lifted its position in Cambria Global Value ETF by 10,151.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,793 shares of the company’s stock worth $119,000 after buying an additional 3,756 shares during the period. Finally, Longview Financial Advisors Inc. acquired a new stake in Cambria Global Value ETF in the 1st 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.