Cambria Fixed Income Trend ETF (BATS:CFIT) Short Interest Update

Cambria Fixed Income Trend ETF (BATS:CFIT) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 7,457 shares, a drop of 54.1% from the July 15th total of 16,245 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 5,488 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On Cambria Fixed Income Trend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors purchased a new stake in shares of Cambria Fixed Income Trend ETF in the 1st quarter worth approximately $320,000. Jane Street Group LLC bought a new stake in Cambria Fixed Income Trend ETF in the fourth quarter worth $596,000. Betterment LLC boosted its holdings in Cambria Fixed Income Trend ETF by 2.2% in the fourth quarter. Betterment LLC now owns 58,425 shares of the company’s stock worth $1,469,000 after acquiring an additional 1,274 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in shares of Cambria Fixed Income Trend ETF by 102.1% in the third quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock worth $499,000 after acquiring an additional 10,045 shares during the last quarter.

Cambria Fixed Income Trend ETF Stock Down 0.0%

BATS:CFIT opened at $26.09 on Friday. The firm’s 50-day moving average price is $25.94 and its 200-day moving average price is $25.74. Cambria Fixed Income Trend ETF has a 1-year low of $24.42 and a 1-year high of $26.45.

About Cambria Fixed Income Trend ETF

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.