Cambria Emerging Shareholder Yield ETF (BATS:EYLD) Stock Short Interest Jumps 133.1%

Cambria Emerging Shareholder Yield ETF (BATS:EYLD) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 239,379 shares, an increase of 133.1% from the September 15th total of 102,709 shares. Based on an average daily volume of 84,022 shares, the short-interest ratio is currently 2.8 days. Approximately 1.6% of the shares of the company are short sold.

Cambria Emerging Shareholder Yield ETF Price Performance

Shares of EYLD opened at $47.85 on Thursday. Cambria Emerging Shareholder Yield ETF has a 1 year low of $36.92 and a 1 year high of $50.26. The stock’s fifty day moving average price is $48.39 and its two-hundred day moving average price is $46.44. The firm has a market cap of $698.61 million, a PE ratio of 9.92 and a beta of 0.69.

Cambria Emerging Shareholder Yield ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were paid a $0.4968 dividend. The ex-dividend date was Friday, September 18th. This represents a $1.99 annualized dividend and a yield of 4.2%. This is a boost from Cambria Emerging Shareholder Yield ETF’s previous quarterly dividend of $0.3444.

Hedge Funds Weigh In On Cambria Emerging Shareholder Yield ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. boosted its position in Cambria Emerging Shareholder Yield ETF by 0.7% during the 1st quarter. Sunbelt Securities Inc. now owns 48,365 shares of the company’s stock valued at $2,003,000 after buying an additional 321 shares during the period. Dynamic Advisor Solutions LLC raised its position in Cambria Emerging Shareholder Yield ETF by 1.0% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 39,122 shares of the company’s stock valued at $1,777,000 after purchasing an additional 405 shares during the last quarter. Kesler Norman & Wride LLC grew its position in shares of Cambria Emerging Shareholder Yield ETF by 0.9% in the 1st quarter. Kesler Norman & Wride LLC now owns 54,729 shares of the company’s stock worth $2,266,000 after buying an additional 475 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in Cambria Emerging Shareholder Yield ETF by 2.9% in the third quarter. Focus Financial Network Inc. now owns 26,840 shares of the company’s stock valued at $1,278,000 after acquiring an additional 760 shares in the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of Cambria Emerging Shareholder Yield ETF in the 4th quarter worth about $38,000.

About Cambria Emerging Shareholder Yield ETF

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.