Cambria Global Asset Allocation ETF (BATS:GAA) Stock Short Interest Report for October

Cambria Global Asset Allocation ETF (BATS:GAA) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 2,493 shares, a drop of 80.3% from the October 15th total of 12,643 shares. Based on an average daily trading volume, of 7,979 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Cambria Global Asset Allocation ETF

A hedge fund recently raised its position in Cambria Global Asset Allocation ETF stock. IFG Advisory LLC lifted its stake in shares of Cambria Global Asset Allocation ETF (BATS:GAA) by 13.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,144 shares of the company’s stock after purchasing an additional 3,292 shares during the quarter. IFG Advisory LLC owned about 1.23% of Cambria Global Asset Allocation ETF worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

Cambria Global Asset Allocation ETF Stock Performance

Cambria Global Asset Allocation ETF stock opened at $34.43 on Friday. Cambria Global Asset Allocation ETF has a 1 year low of $31.53 and a 1 year high of $36.53. The firm’s 50-day moving average is $35.23 and its 200-day moving average is $34.88. The company has a market cap of $78.50 million, a P/E ratio of 10.59 and a beta of 0.48.

Cambria Global Asset Allocation ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd were paid a dividend of $0.2854 per share. This represents a $1.14 annualized dividend and a yield of 3.3%. This is a positive change from Cambria Global Asset Allocation ETF’s previous quarterly dividend of $0.1989. The ex-dividend date was Tuesday, September 22nd.

Cambria Global Asset Allocation ETF Company Profile

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.