Cambria Global Real Estate ETF (BATS:BLDG) Shares Shorted: Short Interest Up 59.3% in September

Cambria Global Real Estate ETF (BATS:BLDG) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 32,838 shares, an increase of 59.3% from the August 31st total of 20,616 shares. Based on an average trading volume of 9,959 shares, the short-interest ratio is currently 3.3 days. Approximately 2.1% of the company’s stock are sold short.

Cambria Global Real Estate ETF Trading Down 0.2%

BLDG opened at $25.12 on Thursday. The stock has a market capitalization of $40.19 million, a P/E ratio of 14.37 and a beta of 0.83. Cambria Global Real Estate ETF has a 12 month low of $23.44 and a 12 month high of $29.32. The firm’s fifty day simple moving average is $26.71 and its 200 day simple moving average is $26.23.

Cambria Global Real Estate ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.4%. This is a positive change from Cambria Global Real Estate ETF’s previous quarterly dividend of $0.0838. The ex-dividend date was Friday, September 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Citadel Advisors LLC bought a new position in shares of Cambria Global Real Estate ETF during the second quarter worth about $467,000. ALM First Financial Advisors LLC lifted its stake in Cambria Global Real Estate ETF by 67.1% in the 2nd quarter. ALM First Financial Advisors LLC now owns 999,500 shares of the company’s stock valued at $26,986,000 after acquiring an additional 401,373 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in Cambria Global Real Estate ETF by 1.7% during the 1st quarter. Empowered Funds LLC now owns 268,692 shares of the company’s stock worth $6,442,000 after acquiring an additional 4,592 shares during the last quarter.

Cambria Global Real Estate ETF Company Profile

The Cambria Global Real Estate ETF (BLDG) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively-managed to provide exposure to the real estate sector and its related industries. Stocks are selected using Cambrias multi-factor algorithm. BLDG was launched on Sep 24, 2020 and is managed by Cambria.