Cambria Tactical Yield ETF (BATS:TYLD) Stock Short Interest Rises 57.5%

Cambria Tactical Yield ETF (BATS:TYLD – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 12,817 shares, a growth of 57.5% from the September 15th total of 8,139 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 15,882 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Cambria Tactical Yield ETF

A hedge fund recently bought a new position in Cambria Tactical Yield ETF stock. ALM First Financial Advisors LLC acquired a new stake in Cambria Tactical Yield ETF (BATS:TYLD – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 575,488 shares of the company’s stock, valued at approximately $14,586,000. Cambria Tactical Yield ETF comprises 2.3% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 10th largest holding. ALM First Financial Advisors LLC owned 57.55% of Cambria Tactical Yield ETF at the end of the most recent reporting period.

Cambria Tactical Yield ETF Trading Up 0.0%

Shares of TYLD opened at $25.35 on Friday. Cambria Tactical Yield ETF has a fifty-two week low of $25.05 and a fifty-two week high of $25.53. The business’s 50-day moving average is $25.39 and its 200-day moving average is $25.30.

Cambria Tactical Yield ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were paid a $0.1759 dividend. The ex-dividend date was Friday, September 18th. This represents a $0.70 annualized dividend and a yield of 2.8%. This is a boost from Cambria Tactical Yield ETF’s previous quarterly dividend of $0.1053.

About Cambria Tactical Yield ETF

(Get Free Report)

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.

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