Cambria Global Asset Allocation ETF (BATS:GAA) Shares Shorted: Short Interest Down 42.4% in September

Cambria Global Asset Allocation ETF (BATS:GAA – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 13,371 shares, a decline of 42.4% from the August 31st total of 23,232 shares. Based on an average daily trading volume, of 5,573 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cambria Global Asset Allocation ETF stock. Global Retirement Partners LLC purchased a new position in shares of Cambria Global Asset Allocation ETF (BATS:GAA – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,990 shares of the company’s stock, valued at approximately $65,000. Global Retirement Partners LLC owned about 0.11% of Cambria Global Asset Allocation ETF as of its most recent SEC filing.

Cambria Global Asset Allocation ETF Stock Down 0.3%

Shares of GAA stock opened at $34.97 on Wednesday. Cambria Global Asset Allocation ETF has a 12-month low of $31.20 and a 12-month high of $36.53. The firm has a fifty day moving average of $35.62 and a 200-day moving average of $34.95. The company has a market capitalization of $64.69 million, a price-to-earnings ratio of 10.59 and a beta of 0.50.

Cambria Global Asset Allocation ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 22nd were paid a $0.2854 dividend. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $1.14 annualized dividend and a dividend yield of 3.3%. This is a positive change from Cambria Global Asset Allocation ETF’s previous quarterly dividend of $0.1989.

Cambria Global Asset Allocation ETF Company Profile

(Get Free Report)

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.

See Also

Receive News & Ratings for Cambria Global Asset Allocation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambria Global Asset Allocation ETF and related companies with MarketBeat.com's FREE daily email newsletter.