Cambria Fixed Income Trend ETF (BATS:CFIT – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 16,245 shares, a growth of 151.1% from the June 30th total of 6,470 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average trading volume of 18,820 shares, the days-to-cover ratio is presently 0.9 days.
Hedge Funds Weigh In On Cambria Fixed Income Trend ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. ORG Partners LLC increased its stake in shares of Cambria Fixed Income Trend ETF by 1.4% during the fourth quarter. ORG Partners LLC now owns 85,512 shares of the company’s stock worth $2,150,000 after purchasing an additional 1,204 shares in the last quarter. Betterment LLC boosted its holdings in Cambria Fixed Income Trend ETF by 2.2% in the 4th quarter. Betterment LLC now owns 58,425 shares of the company’s stock worth $1,469,000 after buying an additional 1,274 shares during the last quarter. Jane Street Group LLC purchased a new stake in Cambria Fixed Income Trend ETF during the 4th quarter worth approximately $596,000. Citadel Advisors LLC raised its holdings in shares of Cambria Fixed Income Trend ETF by 102.1% during the third quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock valued at $499,000 after acquiring an additional 10,045 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of Cambria Fixed Income Trend ETF during the first quarter valued at approximately $320,000.
Cambria Fixed Income Trend ETF Stock Performance
Cambria Fixed Income Trend ETF stock opened at $25.44 on Thursday. The business has a 50 day simple moving average of $26.00 and a 200-day simple moving average of $25.71. Cambria Fixed Income Trend ETF has a 12 month low of $24.42 and a 12 month high of $26.45.
About Cambria Fixed Income Trend ETF
Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.
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