Short Interest in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Drops By 53.1%

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,620 shares, a decrease of 53.1% from the April 30th total of 11,978 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 2,341 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Trading of Cambria Micro and Small Cap Shareholder Yield ETF

An institutional investor recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. Ascentis Independent Advisors acquired a new stake in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 891 shares of the company’s stock, valued at approximately $25,000. Ascentis Independent Advisors owned approximately 0.16% of Cambria Micro and Small Cap Shareholder Yield ETF as of its most recent filing with the Securities & Exchange Commission.

Cambria Micro and Small Cap Shareholder Yield ETF Stock Performance

Shares of Cambria Micro and Small Cap Shareholder Yield ETF stock traded up $0.22 during trading on Tuesday, hitting $30.43. 3,399 shares of the company’s stock were exchanged, compared to its average volume of 6,033. The stock has a market capitalization of $16.74 million, a price-to-earnings ratio of 9.06 and a beta of 0.82. Cambria Micro and Small Cap Shareholder Yield ETF has a 52-week low of $22.33 and a 52-week high of $30.50. The business has a 50-day simple moving average of $29.38 and a 200-day simple moving average of $28.36.

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.