Cambria Tactical Yield ETF (BATS:TYLD) Stock Short Interest Jumps 625.4%

Cambria Tactical Yield ETF (BATS:TYLD) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,139 shares, an increase of 625.4% from the August 31st total of 1,122 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 2,802 shares, the short-interest ratio is presently 2.9 days.

Cambria Tactical Yield ETF Trading Down 0.0%

BATS TYLD traded down $0.01 during trading hours on Thursday, reaching $25.30. 11,119 shares of the company traded hands, compared to its average volume of 7,488. Cambria Tactical Yield ETF has a 12 month low of $25.05 and a 12 month high of $25.53. The company has a 50 day moving average of $25.38 and a two-hundred day moving average of $25.29.

Cambria Tactical Yield ETF Increases Dividend

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

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.