Cambria Global Asset Allocation ETF (BATS:GAA) Short Interest Update

Cambria Global Asset Allocation ETF (BATS:GAA) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 9,173 shares, a decrease of 56.4% from the June 30th total of 21,026 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 5,173 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of Cambria Global Asset Allocation ETF

A number of large investors have recently made changes to their positions in GAA. StoneX Group Inc. boosted its stake in shares of Cambria Global Asset Allocation ETF by 4.8% during the 4th quarter. StoneX Group Inc. now owns 74,258 shares of the company’s stock worth $2,414,000 after purchasing an additional 3,430 shares during the last quarter. LPL Financial LLC raised its position in shares of Cambria Global Asset Allocation ETF by 2.3% in the fourth quarter. LPL Financial LLC now owns 281,859 shares of the company’s stock valued at $9,163,000 after buying an additional 6,369 shares during the last quarter. Susquehanna International Group LLP acquired a new position in shares of Cambria Global Asset Allocation ETF in the third quarter valued at approximately $219,000. Snowden Capital Advisors LLC purchased a new position in shares of Cambria Global Asset Allocation ETF during the second quarter valued at approximately $201,000. Finally, Global Retirement Partners LLC purchased a new position in shares of Cambria Global Asset Allocation ETF during the fourth quarter valued at approximately $65,000.

Cambria Global Asset Allocation ETF Stock Down 0.3%

Shares of GAA stock opened at $34.81 on Wednesday. Cambria Global Asset Allocation ETF has a fifty-two week low of $29.99 and a fifty-two week high of $35.88. The business has a fifty day simple moving average of $34.87 and a 200-day simple moving average of $34.48. The stock has a market cap of $64.40 million, a P/E ratio of 10.59 and a beta of 0.50.

About Cambria Global Asset Allocation ETF

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.