Cambria Shareholder Yield ETF (BATS:SYLD) Short Interest Down 42.0% in August

Cambria Shareholder Yield ETF (BATS:SYLD) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 32,969 shares, a drop of 42.0% from the July 30th total of 56,821 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 46,431 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SYLD. Corient Private Wealth LP acquired a new position in shares of Cambria Shareholder Yield ETF during the second quarter worth approximately $423,000. Sherman Wealth Management LLC increased its position in Cambria Shareholder Yield ETF by 2.8% during the second quarter. Sherman Wealth Management LLC now owns 21,861 shares of the company’s stock worth $1,729,000 after acquiring an additional 589 shares during the period. Revolve Wealth Partners LLC grew its position in Cambria Shareholder Yield ETF by 2.7% in the 2nd quarter. Revolve Wealth Partners LLC now owns 374,169 shares of the company’s stock worth $29,592,000 after purchasing an additional 9,986 shares during the last quarter. Evanson Financial LLC bought a new position in shares of Cambria Shareholder Yield ETF during the 2nd quarter worth about $1,304,000. Finally, Longview Financial Advisors Inc. increased its holdings in shares of Cambria Shareholder Yield ETF by 2.4% during the 2nd quarter. Longview Financial Advisors Inc. now owns 19,212 shares of the company’s stock worth $1,519,000 after purchasing an additional 442 shares during the period.

Cambria Shareholder Yield ETF Stock Performance

BATS SYLD opened at $86.35 on Monday. Cambria Shareholder Yield ETF has a twelve month low of $65.26 and a twelve month high of $87.11. The stock has a market capitalization of $1.24 billion, a PE ratio of 11.01 and a beta of 1.04. The stock has a 50-day simple moving average of $83.03 and a 200 day simple moving average of $79.21.

About Cambria Shareholder Yield ETF

The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.