Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Sees Large Decline in Short Interest

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 113 shares, a decrease of 85.2% from the June 15th total of 764 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,323 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Cambria Large Cap Shareholder Yield ETF

Several hedge funds have recently modified their holdings of LYLD. Betterment LLC bought a new stake in Cambria Large Cap Shareholder Yield ETF during the 2nd quarter worth $490,000. Kesler Norman & Wride LLC raised its position in Cambria Large Cap Shareholder Yield ETF by 10.2% in the fourth quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock valued at $561,000 after purchasing an additional 1,868 shares during the last quarter. Finally, Cambria Investment Management L.P. raised its position in Cambria Large Cap Shareholder Yield ETF by 1.0% in the third quarter. Cambria Investment Management L.P. now owns 108,473 shares of the company’s stock valued at $3,002,000 after purchasing an additional 1,030 shares during the last quarter.

Cambria Large Cap Shareholder Yield ETF Trading Up 0.8%

Cambria Large Cap Shareholder Yield ETF stock traded up $0.23 during mid-day trading on Friday, reaching $30.66. The company had a trading volume of 100 shares, compared to its average volume of 936. Cambria Large Cap Shareholder Yield ETF has a fifty-two week low of $25.91 and a fifty-two week high of $30.72. The company has a market cap of $5.37 million and a P/E ratio of 12.86. The business has a fifty day simple moving average of $30.07 and a 200 day simple moving average of $29.51.

Cambria Large Cap Shareholder Yield ETF Company Profile

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.