Short Interest in Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Declines By 56.3%

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 764 shares, a drop of 56.3% from the May 31st total of 1,747 shares. Based on an average trading volume of 858 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

Cambria Large Cap Shareholder Yield ETF Stock Performance

BATS:LYLD opened at $29.88 on Wednesday. Cambria Large Cap Shareholder Yield ETF has a 52-week low of $25.91 and a 52-week high of $30.72. The firm has a market cap of $5.23 million and a price-to-earnings ratio of 12.86. The business’s fifty day moving average is $29.97 and its 200 day moving average is $29.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Kesler Norman & Wride LLC increased its position in shares of Cambria Large Cap Shareholder Yield ETF by 10.2% in the fourth quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock worth $561,000 after purchasing an additional 1,868 shares during the last quarter. Cambria Investment Management L.P. lifted its position in Cambria Large Cap Shareholder Yield ETF by 1.0% during the third quarter. Cambria Investment Management L.P. now owns 108,473 shares of the company’s stock valued at $3,002,000 after purchasing an additional 1,030 shares during the last quarter. Finally, Betterment LLC lifted its position in Cambria Large Cap Shareholder Yield ETF by 11.1% during the third quarter. Betterment LLC now owns 20,767 shares of the company’s stock valued at $575,000 after purchasing an additional 2,082 shares during the last quarter.

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.