Cambria Trinity ETF (BATS:TRTY) Sees Significant Increase in Short Interest

Cambria Trinity ETF (BATS:TRTY) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 11,607 shares, an increase of 527.4% from the July 15th total of 1,850 shares. Based on an average trading volume of 9,025 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Cambria Trinity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC lifted its position in shares of Cambria Trinity ETF by 82.7% in the fourth quarter. LPL Financial LLC now owns 80,927 shares of the company’s stock valued at $2,305,000 after buying an additional 36,644 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of Cambria Trinity ETF by 50.9% during the 3rd quarter. Citadel Advisors LLC now owns 33,885 shares of the company’s stock worth $943,000 after acquiring an additional 11,430 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Cambria Trinity ETF during the 3rd quarter worth approximately $239,000. Sound Financial Strategies Group LLC bought a new stake in Cambria Trinity ETF in the 2nd quarter valued at $17,479,000. Finally, Fermata Advisors LLC raised its stake in Cambria Trinity ETF by 1.1% in the 2nd quarter. Fermata Advisors LLC now owns 149,337 shares of the company’s stock valued at $4,511,000 after acquiring an additional 1,658 shares during the period.

Cambria Trinity ETF Price Performance

Cambria Trinity ETF stock opened at $31.50 on Thursday. The firm has a market capitalization of $135.45 million, a PE ratio of 11.85 and a beta of 0.42. The company’s 50-day moving average is $30.73 and its 200-day moving average is $30.63. Cambria Trinity ETF has a fifty-two week low of $26.61 and a fifty-two week high of $31.51.

About Cambria Trinity ETF

The Cambria Trinity ETF (TRTY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with exposure to a variety of asset classes, including equity, fixed income, real estate, commodities, and currencies. The fund seeks income and capital appreciation. TRTY was launched on Sep 10, 2018 and is managed by Cambria.