Cambria Shareholder Yield ETF (BATS:SYLD – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 70,892 shares, an increase of 70.6% from the September 30th total of 41,545 shares. Based on an average daily trading volume, of 30,785 shares, the short-interest ratio is currently 2.3 days. Approximately 0.5% of the company’s stock are sold short.
Cambria Shareholder Yield ETF Price Performance
Shares of BATS SYLD opened at $86.25 on Wednesday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. The business has a 50-day moving average of $84.18 and a two-hundred day moving average of $79.93. Cambria Shareholder Yield ETF has a 1 year low of $65.26 and a 1 year high of $87.44.
Cambria Shareholder Yield ETF Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were issued a $0.5046 dividend. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, September 18th. This is an increase from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.3403.
Institutional Investors Weigh In On Cambria Shareholder Yield ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. StoneX Group Inc. acquired a new position in Cambria Shareholder Yield ETF in the third quarter valued at $263,000. United Advisor Group LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 2.7% during the third quarter. United Advisor Group LLC now owns 80,319 shares of the company’s stock worth $6,473,000 after purchasing an additional 2,078 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 10.9% during the third quarter. Kestra Advisory Services LLC now owns 8,571 shares of the company’s stock worth $691,000 after purchasing an additional 844 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Cambria Shareholder Yield ETF during the third quarter worth about $15,476,000. Finally, MGO One Seven LLC increased its position in shares of Cambria Shareholder Yield ETF by 2.6% during the third quarter. MGO One Seven LLC now owns 25,962 shares of the company’s stock worth $2,092,000 after purchasing an additional 660 shares in the last quarter.
About Cambria Shareholder Yield ETF
The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.
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