Cambria Tactical Yield ETF (BATS:TYLD) Sees Large Drop in Short Interest

Cambria Tactical Yield ETF (BATS:TYLD) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 1,722 shares, a decrease of 33.2% from the June 30th total of 2,576 shares. Based on an average daily volume of 3,529 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC boosted its position in Cambria Tactical Yield ETF by 7.5% during the 3rd quarter. Citadel Advisors LLC now owns 11,938 shares of the company’s stock worth $302,000 after buying an additional 833 shares during the period. Betterment LLC acquired a new position in Cambria Tactical Yield ETF in the 2nd quarter valued at approximately $683,000. Finally, Jane Street Group LLC increased its position in Cambria Tactical Yield ETF by 63.5% in the 1st quarter. Jane Street Group LLC now owns 49,265 shares of the company’s stock valued at $1,246,000 after acquiring an additional 19,125 shares during the period.

Cambria Tactical Yield ETF Trading Up 0.1%

Cambria Tactical Yield ETF stock opened at $25.33 on Friday. The stock has a 50-day moving average price of $25.29 and a two-hundred day moving average price of $25.25. Cambria Tactical Yield ETF has a 12 month low of $25.05 and a 12 month high of $25.53.

About Cambria Tactical Yield ETF

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.