Cambria Global Value ETF (BATS:GVAL) Sees Large Drop in Short Interest

Cambria Global Value ETF (BATS:GVAL) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 164,816 shares, a decrease of 61.9% from the July 15th total of 432,662 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average daily volume of 128,314 shares, the days-to-cover ratio is presently 1.3 days.

Cambria Global Value ETF Trading Down 0.3%

Shares of BATS:GVAL opened at $38.26 on Friday. The firm has a 50 day simple moving average of $36.77 and a 200-day simple moving average of $35.46. Cambria Global Value ETF has a twelve month low of $28.34 and a twelve month high of $38.44. The company has a market capitalization of $329.04 million, a PE ratio of 10.49 and a beta of 0.76.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GVAL. Geneos Wealth Management Inc. acquired a new position in shares of Cambria Global Value ETF in the 2nd 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 stake in shares of Cambria Global Value ETF in the first quarter valued at about $113,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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. purchased a new stake in Cambria Global Value ETF during the 1st quarter valued at approximately $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.