Short Interest in Cambria Global Real Estate ETF (BATS:BLDG) Expands By 165.1%

Cambria Global Real Estate ETF (BATS:BLDG) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 3,356 shares, a growth of 165.1% from the June 30th total of 1,266 shares. Based on an average trading volume of 3,208 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. ALM First Financial Advisors LLC increased its position in shares of Cambria Global Real Estate ETF by 67.1% during the second quarter. ALM First Financial Advisors LLC now owns 999,500 shares of the company’s stock worth $26,986,000 after acquiring an additional 401,373 shares during the last quarter. Empowered Funds LLC boosted its stake in Cambria Global Real Estate ETF by 1.7% in the first quarter. Empowered Funds LLC now owns 268,692 shares of the company’s stock valued at $6,442,000 after acquiring an additional 4,592 shares during the period. Wells Fargo & Company MN grew its stake in Cambria Global Real Estate ETF by 220.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,549 shares of the company’s stock worth $38,000 after buying an additional 1,065 shares during the last quarter. Centaurus Financial Inc. bought a new stake in Cambria Global Real Estate ETF in the third quarter valued at $177,000. Finally, Jane Street Group LLC acquired a new position in shares of Cambria Global Real Estate ETF during the first quarter valued at $392,000.

Cambria Global Real Estate ETF Price Performance

Shares of BATS:BLDG opened at $27.80 on Monday. Cambria Global Real Estate ETF has a 52 week low of $23.44 and a 52 week high of $29.32. The business has a fifty day simple moving average of $26.69 and a 200-day simple moving average of $25.89. The company has a market cap of $44.48 million, a P/E ratio of 14.37 and a beta of 0.83.

About Cambria Global Real Estate ETF

The Cambria Global Real Estate ETF (BLDG) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively-managed to provide exposure to the real estate sector and its related industries. Stocks are selected using Cambrias multi-factor algorithm. BLDG was launched on Sep 24, 2020 and is managed by Cambria.