Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Sees Significant Decrease in Short Interest

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 5,620 shares, a drop of 53.1% from the April 30th total of 11,978 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 2,341 shares, the short-interest ratio is presently 2.4 days.

Cambria Micro and Small Cap Shareholder Yield ETF Stock Performance

Shares of MYLD opened at $30.21 on Friday. The stock’s fifty day moving average is $29.32 and its 200-day moving average is $28.31. Cambria Micro and Small Cap Shareholder Yield ETF has a one year low of $22.33 and a one year high of $30.50. The firm has a market capitalization of $16.62 million, a price-to-earnings ratio of 9.06 and a beta of 0.82.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. Betterment LLC purchased a new stake in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 20,627 shares of the company’s stock, valued at approximately $480,000. Betterment LLC owned 3.44% of Cambria Micro and Small Cap Shareholder Yield ETF as of its most recent SEC filing.

Cambria Micro and Small Cap Shareholder Yield ETF Company Profile

The Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) is an exchange-traded fund that mostly invests in extended market equity. The fund offers active exposure to equity securities of micro- and small-sized companies in the US. Securities are selected based on shareholder yield characterized by dividends, net shares buybacks, and debt paydown. MYLD was launched on Jan 4, 2024 and is issued by Cambria.