Short Interest in Cambria Global Value ETF (BATS:GVAL) Declines By 50.7%

Cambria Global Value ETF (BATS:GVALGet Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 88,931 shares, a decline of 50.7% from the August 15th total of 180,510 shares. Based on an average daily volume of 155,706 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.0% of the shares of the stock are short sold.

Cambria Global Value ETF Stock Down 0.8%

Shares of GVAL traded down $0.33 on Tuesday, hitting $38.69. 39,479 shares of the stock traded hands, compared to its average volume of 238,392. The stock’s 50 day moving average is $37.91 and its two-hundred day moving average is $35.99. The firm has a market capitalization of $332.69 million, a P/E ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a 1 year low of $28.50 and a 1 year high of $39.87.

Cambria Global Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Thursday, June 18th were given a dividend of $0.3357 per share. This represents a $1.34 annualized dividend and a yield of 3.5%. This is a boost from Cambria Global Value ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, June 18th.

Institutional Investors Weigh In On Cambria Global Value ETF

Institutional investors have recently added to or reduced their stakes in the company. ALM First Financial Advisors LLC increased its position in shares of Cambria Global Value ETF by 53.2% in the second quarter. ALM First Financial Advisors LLC now owns 1,564,110 shares of the company’s stock worth $56,339,000 after acquiring an additional 543,319 shares in the last quarter. Rockport Wealth LLC boosted its holdings in Cambria Global Value ETF by 36.0% in the first quarter. Rockport Wealth LLC now owns 260,085 shares of the company’s stock valued at $8,627,000 after purchasing an additional 68,878 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of Cambria Global Value ETF by 92.5% during the first quarter. D.A. Davidson & CO. now owns 234,069 shares of the company’s stock worth $7,764,000 after buying an additional 112,473 shares in the last quarter. Empowered Funds LLC increased its position in shares of Cambria Global Value ETF by 1.7% in the 1st quarter. Empowered Funds LLC now owns 210,333 shares of the company’s stock worth $6,977,000 after purchasing an additional 3,598 shares during the last quarter. Finally, Del Sette Capital Management LLC raised its stake in Cambria Global Value ETF by 5.0% during the first quarter. Del Sette Capital Management LLC now owns 166,856 shares of the company’s stock valued at $5,535,000 after buying an additional 7,983 shares in the last quarter.

Cambria Global Value ETF Company Profile

(Get Free Report)

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.

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