Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Shares Shorted: Short Interest Down 67.6% in September

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 1,298 shares, a decline of 67.6% from the September 15th total of 4,005 shares. Based on an average trading volume of 1,250 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the shares of the company are sold short.

Cambria Large Cap Shareholder Yield ETF Trading Up 0.6%

Shares of BATS LYLD opened at $32.54 on Tuesday. The company has a 50 day simple moving average of $32.93 and a two-hundred day simple moving average of $31.15. The stock has a market cap of $5.69 million and a price-to-earnings ratio of 12.86. Cambria Large Cap Shareholder Yield ETF has a 12 month low of $26.34 and a 12 month high of $34.05.

Cambria Large Cap Shareholder Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were issued a dividend of $0.1830 per share. This represents a $0.73 annualized dividend and a dividend yield of 2.2%. This is a boost from Cambria Large Cap Shareholder Yield ETF’s previous quarterly dividend of $0.1071. The ex-dividend date of this dividend was Friday, September 18th.

Cambria Large Cap Shareholder Yield ETF Company Profile

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.