Cambria Global Value ETF (BATS:GVAL) Short Interest Update

Cambria Global Value ETF (BATS:GVAL) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 6,919 shares, a decline of 84.1% from the May 14th total of 43,500 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 103,721 shares, the short-interest ratio is presently 0.1 days.

Cambria Global Value ETF Price Performance

Shares of GVAL stock traded up $0.23 during trading hours on Friday, reaching $36.30. The company had a trading volume of 3,701 shares, compared to its average volume of 272,102. Cambria Global Value ETF has a 1-year low of $25.89 and a 1-year high of $36.44. The firm has a market cap of $312.18 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. The company has a 50 day moving average of $35.28 and a 200 day moving average of $33.85.

Hedge Funds Weigh In On Cambria Global Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC acquired a new position in shares of Cambria Global Value ETF during the 1st quarter worth about $525,000. Western Wealth Management LLC acquired a new stake in shares of Cambria Global Value ETF in the 1st quarter valued at approximately $113,000. Royal Bank of Canada boosted its stake in Cambria Global Value ETF by 570.4% during the 1st quarter. Royal Bank of Canada now owns 11,417 shares of the company’s stock worth $378,000 after acquiring an additional 9,714 shares during the last quarter. Empowered Funds LLC grew its holdings in Cambria Global Value ETF by 1.7% during the first quarter. Empowered Funds LLC now owns 210,333 shares of the company’s stock valued at $6,977,000 after purchasing an additional 3,598 shares during the period. Finally, Signature Equity Partners LLC bought a new stake in Cambria Global Value ETF in the first quarter valued at approximately $1,128,000.

About Cambria Global Value ETF

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.