Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Shares Shorted: Short Interest Up 747.9% in September

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 21,987 shares, a growth of 747.9% from the September 15th total of 2,593 shares. Based on an average daily trading volume, of 3,050 shares, the days-to-cover ratio is presently 7.2 days. Approximately 4.0% of the shares of the company are short sold.

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

An institutional investor recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. Ascentis Independent Advisors acquired a new stake in shares of Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 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 as of its most recent filing with the SEC.

Cambria Micro and Small Cap Shareholder Yield ETF Price Performance

MYLD stock opened at $32.45 on Friday. The firm’s fifty day simple moving average is $33.17 and its 200-day simple moving average is $31.52. The company has a market capitalization of $17.85 million, a P/E ratio of 9.06 and a beta of 0.82. Cambria Micro and Small Cap Shareholder Yield ETF has a 12 month low of $24.58 and a 12 month high of $34.30.

Cambria Micro and Small Cap Shareholder Yield ETF Increases Dividend

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

About Cambria Micro and Small Cap Shareholder Yield ETF

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.