Cambria Tactical Yield ETF (BATS:TYLD) Shares Shorted: Short Interest Down 67.4% in October

Cambria Tactical Yield ETF (BATS:TYLD) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 3,638 shares, a decline of 67.4% from the October 15th total of 11,155 shares. Based on an average trading volume of 2,207 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.2% of the company’s shares are short sold.

Cambria Tactical Yield ETF Stock Performance

Shares of BATS TYLD opened at $25.42 on Friday. The firm has a 50 day moving average price of $25.38 and a two-hundred day moving average price of $25.30. Cambria Tactical Yield ETF has a 52-week low of $25.05 and a 52-week high of $25.53.

Cambria Tactical Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were issued a dividend of $0.1759 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.8%. This is a boost from Cambria Tactical Yield ETF’s previous quarterly dividend of $0.1053. The ex-dividend date was Friday, September 18th.

Institutional Trading of Cambria Tactical Yield ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. ALM First Financial Advisors LLC bought a new stake in shares of Cambria Tactical Yield ETF in the 3rd quarter valued at about $14,586,000. HighTower Advisors LLC acquired a new stake in shares of Cambria Tactical Yield ETF in the third quarter valued at about $1,589,000. Finally, Rothschild Investment LLC increased its stake in shares of Cambria Tactical Yield ETF by 14.4% in the third quarter. Rothschild Investment LLC now owns 6,011 shares of the company’s stock valued at $152,000 after buying an additional 757 shares during the period.

About Cambria Tactical Yield ETF

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.