Cambria Global Asset Allocation ETF (BATS:GAA) Short Interest Up 66.8% in August

Cambria Global Asset Allocation ETF (BATS:GAAGet Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 23,232 shares, an increase of 66.8% from the August 15th total of 13,930 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 6,280 shares, the short-interest ratio is currently 3.7 days.

Cambria Global Asset Allocation ETF Trading Down 0.7%

Shares of GAA opened at $35.63 on Thursday. The firm has a market capitalization of $65.92 million, a P/E ratio of 10.59 and a beta of 0.50. The stock’s fifty day simple moving average is $35.51 and its 200 day simple moving average is $34.88. Cambria Global Asset Allocation ETF has a twelve month low of $31.20 and a twelve month high of $36.53.

Cambria Global Asset Allocation ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.1989 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.80 annualized dividend and a yield of 2.2%.

Hedge Funds Weigh In On Cambria Global Asset Allocation ETF

An institutional investor recently bought a new position in Cambria Global Asset Allocation ETF stock. Global Retirement Partners LLC bought a new position in shares of Cambria Global Asset Allocation ETF (BATS:GAAFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 1,990 shares of the company’s stock, valued at approximately $65,000. Global Retirement Partners LLC owned 0.11% of Cambria Global Asset Allocation ETF as of its most recent filing with the SEC.

Cambria Global Asset Allocation ETF Company Profile

(Get Free Report)

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.

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