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) was the target of a significant growth in short interest in 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 short-interest ratio is presently 7.2 days. Currently, 4.0% of the shares of the company are sold short.

Cambria Micro and Small Cap Shareholder Yield ETF Stock Down 0.7%

BATS MYLD opened at $32.45 on Friday. The firm has a market cap 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 52-week low of $24.58 and a 52-week high of $34.30. The business’s 50-day moving average price is $33.17 and its 200 day moving average price is $31.52.

Cambria Micro and Small Cap Shareholder Yield ETF Increases Dividend

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

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Cambria Micro and Small Cap Shareholder Yield ETF stock. Ascentis Independent Advisors purchased a new position in shares of Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 at the end of the most recent reporting period.

Cambria Micro and Small Cap Shareholder Yield ETF Company Profile

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.