Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Sees Large Growth in Short Interest

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 14,339 shares, a growth of 270.0% from the July 15th total of 3,875 shares. Approximately 2.6% of the shares of the company are sold short. Based on an average daily volume of 3,713 shares, the short-interest ratio is presently 3.9 days.

Cambria Micro and Small Cap Shareholder Yield ETF Stock Up 0.9%

Shares of BATS MYLD opened at $33.84 on Friday. The stock has a market cap of $18.61 million, a P/E ratio of 9.06 and a beta of 0.82. The firm’s 50-day simple moving average is $32.38 and its 200 day simple moving average is $30.34. Cambria Micro and Small Cap Shareholder Yield ETF has a fifty-two week low of $24.55 and a fifty-two week high of $34.30.

Institutional Trading of Cambria Micro and Small Cap Shareholder Yield ETF

A hedge fund recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. Ascentis Independent Advisors purchased a new position in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 891 shares of the company’s stock, valued at approximately $25,000. Ascentis Independent Advisors owned 0.16% of Cambria Micro and Small Cap Shareholder Yield ETF at the end of the most recent quarter.

About Cambria Micro and Small Cap Shareholder Yield ETF

The Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) is an exchange-traded fund that mostly invests in extended market equity. The fund offers active exposure to equity securities of micro- and small-sized companies in the US. Securities are selected based on shareholder yield characterized by dividends, net shares buybacks, and debt paydown. MYLD was launched on Jan 4, 2024 and is issued by Cambria.