Cambria Global Asset Allocation ETF (BATS:GAA) Sees Significant Decrease in Short Interest

Cambria Global Asset Allocation ETF (BATS:GAA) saw a large drop in short interest in October. As of October 30th, there was short interest totaling 2,493 shares, a drop of 80.3% from the October 15th total of 12,643 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 7,979 shares, the short-interest ratio is currently 0.3 days.

Cambria Global Asset Allocation ETF Trading Up 0.5%

Shares of Cambria Global Asset Allocation ETF stock opened at $34.64 on Thursday. Cambria Global Asset Allocation ETF has a 12-month low of $31.53 and a 12-month high of $36.53. The firm has a market capitalization of $78.98 million, a price-to-earnings ratio of 10.59 and a beta of 0.48. The firm’s 50 day simple moving average is $35.26 and its two-hundred day simple moving average is $34.88.

Cambria Global Asset Allocation ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 22nd were issued a dividend of $0.2854 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.3%. This is a boost from Cambria Global Asset Allocation ETF’s previous quarterly dividend of $0.1989. The ex-dividend date of this dividend was Tuesday, September 22nd.

Hedge Funds Weigh In On Cambria Global Asset Allocation ETF

A hedge fund recently raised its position in Cambria Global Asset Allocation ETF stock. IFG Advisory LLC increased its position in Cambria Global Asset Allocation ETF (BATS:GAA) by 13.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,144 shares of the company’s stock after acquiring an additional 3,292 shares during the period. IFG Advisory LLC owned approximately 1.23% of Cambria Global Asset Allocation ETF worth $981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Cambria Global Asset Allocation ETF Company Profile

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.