Cambria Tail Risk ETF (BATS:TAIL – Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 424,145 shares, a growth of 316.8% from the June 30th total of 101,754 shares. Based on an average daily volume of 217,055 shares, the short-interest ratio is currently 2.0 days. Approximately 5.1% of the shares of the company are sold short.
Cambria Tail Risk ETF Stock Performance
BATS:TAIL opened at $10.54 on Friday. The stock has a fifty day moving average price of $10.67 and a two-hundred day moving average price of $11.17. The stock has a market capitalization of $87.48 million, a price-to-earnings ratio of 23.34 and a beta of -0.31. Cambria Tail Risk ETF has a 1 year low of $10.42 and a 1 year high of $12.19.
Hedge Funds Weigh In On Cambria Tail Risk ETF
A number of institutional investors and hedge funds have recently made changes to their positions in TAIL. Fermata Advisors LLC acquired a new stake in shares of Cambria Tail Risk ETF in the second quarter valued at about $396,000. Dynamic Advisor Solutions LLC acquired a new position in Cambria Tail Risk ETF during the second quarter worth about $344,000. Continuum Wealth Advisors LLC acquired a new position in Cambria Tail Risk ETF during the first quarter worth about $310,000. Beaumont Financial Advisors LLC purchased a new position in Cambria Tail Risk ETF in the first quarter valued at about $8,323,000. Finally, Simplicity Wealth LLC purchased a new position in Cambria Tail Risk ETF in the first quarter valued at about $122,000.
Cambria Tail Risk ETF Company Profile
The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is managed by Cambria.
Featured Stories
- Five stocks we like better than Cambria Tail Risk ETF
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for Cambria Tail Risk ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambria Tail Risk ETF and related companies with MarketBeat.com's FREE daily email newsletter.
