Cambria Shareholder Yield ETF (BATS:SYLD) Shares Shorted: Short Interest Down 54.5% in September

Cambria Shareholder Yield ETF (BATS:SYLD) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 41,545 shares, a decline of 54.5% from the September 15th total of 91,323 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 37,611 shares, the days-to-cover ratio is currently 1.1 days.

Cambria Shareholder Yield ETF Trading Up 0.4%

Shares of SYLD stock traded up $0.32 during trading hours on Tuesday, hitting $82.44. 6,538 shares of the company were exchanged, compared to its average volume of 46,050. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. The firm has a fifty day simple moving average of $84.44 and a 200 day simple moving average of $80.96. Cambria Shareholder Yield ETF has a 52-week low of $65.26 and a 52-week high of $87.33.

Cambria Shareholder Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were paid a $0.5046 dividend. The ex-dividend date was Friday, September 18th. This is a positive change from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.3403. This represents a $2.02 annualized dividend and a dividend yield of 2.4%.

Institutional Investors Weigh In On Cambria Shareholder Yield ETF

Institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Cambria Shareholder Yield ETF in the second quarter worth about $73,000. Fifth Third Bancorp bought a new stake in Cambria Shareholder Yield ETF during the 1st quarter worth approximately $143,000. NFSG Corp increased its holdings in Cambria Shareholder Yield ETF by 31.4% during the 1st quarter. NFSG Corp now owns 2,113 shares of the company’s stock worth $159,000 after acquiring an additional 505 shares during the period. RFG Holdings Inc. purchased a new stake in Cambria Shareholder Yield ETF in the 1st quarter worth approximately $203,000. Finally, Florida Financial Advisors LLC purchased a new stake in Cambria Shareholder Yield ETF in the 1st quarter worth approximately $213,000.

Cambria Shareholder Yield ETF Company Profile

The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.