Cambria Chesapeake Pure Trend ETF (BATS:MFUT) Shares Shorted: Short Interest Up 262.8% in September

Cambria Chesapeake Pure Trend ETF (BATS:MFUT) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 52,834 shares, a growth of 262.8% from the August 31st total of 14,561 shares. Currently, 4.3% of the company’s stock are sold short. Based on an average daily volume of 32,626 shares, the days-to-cover ratio is presently 1.6 days.

Cambria Chesapeake Pure Trend ETF Stock Down 0.2%

MFUT opened at $20.08 on Friday. Cambria Chesapeake Pure Trend ETF has a twelve month low of $15.26 and a twelve month high of $22.00. The company has a fifty day simple moving average of $19.61 and a 200 day simple moving average of $19.02.

Cambria Chesapeake Pure Trend ETF Company Profile

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.