Cambria Chesapeake Pure Trend ETF (BATS:MFUT) Short Interest Down 53.1% in June

Cambria Chesapeake Pure Trend ETF (BATS:MFUT) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 12,721 shares, a drop of 53.1% from the June 15th total of 27,112 shares. Based on an average trading volume of 11,162 shares, the short-interest ratio is currently 1.1 days. Approximately 1.0% of the company’s shares are short sold.

Cambria Chesapeake Pure Trend ETF Price Performance

Cambria Chesapeake Pure Trend ETF stock opened at $18.97 on Tuesday. The company’s 50 day simple moving average is $19.19 and its 200-day simple moving average is $18.27. Cambria Chesapeake Pure Trend ETF has a 1 year low of $14.50 and a 1 year high of $22.00.

About Cambria Chesapeake Pure Trend ETF

The Cambria Chesapeake Pure Trend ETF (MFUT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that seeks capital preservation and appreciation through a trend-following strategy that targets opportunities across currencies, commodities, fixed income, and equities. MFUT was launched on May 29, 2024 and is issued by Cambria.