Short Interest in Cambria Fixed Income Trend ETF (BATS:CFIT) Decreases By 52.9%

Cambria Fixed Income Trend ETF (BATS:CFIT) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 3,513 shares, a drop of 52.9% from the July 30th total of 7,457 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 15,870 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Cambria Fixed Income Trend ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CFIT. Betterment LLC grew its stake in Cambria Fixed Income Trend ETF by 2.2% during the 4th quarter. Betterment LLC now owns 58,425 shares of the company’s stock worth $1,469,000 after purchasing an additional 1,274 shares in the last quarter. Kintra Wealth LLC purchased a new position in Cambria Fixed Income Trend ETF in the second quarter valued at approximately $756,000. Jane Street Group LLC purchased a new position in shares of Cambria Fixed Income Trend ETF in the 4th quarter valued at $596,000. Citadel Advisors LLC increased its position in shares of Cambria Fixed Income Trend ETF by 102.1% during the third quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock worth $499,000 after purchasing an additional 10,045 shares in the last quarter. Finally, Sound Financial Strategies Group LLC acquired a new position in Cambria Fixed Income Trend ETF during the second quarter worth approximately $15,231,000.

Cambria Fixed Income Trend ETF Trading Down 0.4%

Shares of CFIT opened at $25.85 on Friday. Cambria Fixed Income Trend ETF has a 1-year low of $24.42 and a 1-year high of $26.45. The firm has a 50-day simple moving average of $25.89 and a two-hundred day simple moving average of $25.76.

About Cambria Fixed Income Trend ETF

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.