Cambria Shareholder Yield ETF (BATS:SYLD) Shares Shorted: Short Interest Down 54.5% in September

Cambria Shareholder Yield ETF (BATS:SYLD) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 41,545 shares, a decline of 54.5% from the September 15th total of 91,323 shares. Based on an average daily volume of 37,611 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the shares of the stock are sold short.

Cambria Shareholder Yield ETF Stock Up 0.4%

Shares of Cambria Shareholder Yield ETF stock traded up $0.32 during trading on Tuesday, hitting $82.44. 6,538 shares of the stock traded hands, compared to its average volume of 46,050. The firm’s fifty day moving average is $84.44 and its 200-day moving average is $80.96. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 52 week low of $65.26 and a 52 week high of $87.33.

Cambria 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 issued a dividend of $0.5046 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $2.02 annualized dividend and a dividend yield of 2.4%. This is an increase from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.3403.

Institutional Investors Weigh In On Cambria Shareholder Yield ETF

Institutional investors have recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC increased its holdings in Cambria Shareholder Yield ETF by 2.7% during the 2nd quarter. Revolve Wealth Partners LLC now owns 374,169 shares of the company’s stock valued at $29,592,000 after purchasing an additional 9,986 shares during the period. Compound Planning Inc. grew its stake in Cambria Shareholder Yield ETF by 5.2% in the fourth quarter. Compound Planning Inc. now owns 277,809 shares of the company’s stock worth $19,313,000 after purchasing an additional 13,825 shares during the period. Cetera Investment Advisers raised its holdings in Cambria Shareholder Yield ETF by 5.0% in the first quarter. Cetera Investment Advisers now owns 250,789 shares of the company’s stock worth $18,912,000 after purchasing an additional 11,989 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in Cambria Shareholder Yield ETF by 3.8% in the first quarter. Arkadios Wealth Advisors now owns 136,587 shares of the company’s stock worth $10,300,000 after purchasing an additional 4,988 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in Cambria Shareholder Yield ETF by 4.6% during the first quarter. Brookstone Capital Management now owns 122,713 shares of the company’s stock valued at $9,254,000 after buying an additional 5,346 shares during the period.

Cambria Shareholder Yield ETF Company Profile

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.