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) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 2,593 shares, a drop of 52.7% from the August 31st total of 5,481 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 6,525 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Cambria Micro and Small Cap Shareholder Yield ETF

A hedge fund recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. Ascentis Independent Advisors bought a new stake in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 891 shares of the company’s stock, valued at approximately $25,000. Ascentis Independent Advisors owned about 0.16% of Cambria Micro and Small Cap Shareholder Yield ETF at the end of the most recent reporting period.

Cambria Micro and Small Cap Shareholder Yield ETF Stock Down 0.8%

Shares of BATS:MYLD opened at $32.23 on Tuesday. Cambria Micro and Small Cap Shareholder Yield ETF has a fifty-two week low of $24.58 and a fifty-two week high of $34.30. The firm’s 50 day moving average price is $33.34 and its 200 day moving average price is $31.24. The stock has a market cap of $17.73 million, a price-to-earnings ratio of 9.06 and a beta of 0.82.

Cambria Micro and Small Cap Shareholder Yield ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were given a $0.2412 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.0%. This is a boost from Cambria Micro and Small Cap Shareholder Yield ETF’s previous quarterly dividend of $0.1834.

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.