Short Interest in Cambria Tax Aware ETF (NASDAQ:TAX) Grows By ∞

Cambria Tax Aware ETF (NASDAQ:TAX) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 72 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average trading volume of 288 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Cambria Tax Aware ETF Price Performance

Shares of NASDAQ TAX traded up $0.22 during midday trading on Tuesday, hitting $30.85. 46 shares of the company’s stock were exchanged, compared to its average volume of 2,975. Cambria Tax Aware ETF has a twelve month low of $24.68 and a twelve month high of $30.85. The company has a market cap of $25.61 million, a PE ratio of 38.56 and a beta of 0.98. The firm’s fifty day simple moving average is $28.94 and its 200-day simple moving average is $28.74.

Institutional Investors Weigh In On Cambria Tax Aware ETF

A hedge fund recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. bought a new position in shares of Cambria Tax Aware ETF (NASDAQ:TAX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned approximately 1.38% of Cambria Tax Aware ETF as of its most recent filing with the SEC. Hedge funds and other institutional investors own 49.01% of the company’s stock.

About Cambria Tax Aware ETF

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.