Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Stock Short Interest Declines 67.6%

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 1,298 shares, a decline of 67.6% from the September 15th total of 4,005 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 1,250 shares, the short-interest ratio is presently 1.0 days.

Cambria Large Cap Shareholder Yield ETF Stock Up 0.9%

Shares of Cambria Large Cap Shareholder Yield ETF stock opened at $32.82 on Wednesday. Cambria Large Cap Shareholder Yield ETF has a 12 month low of $26.51 and a 12 month high of $34.05. The stock has a market cap of $5.74 million and a PE ratio of 12.86. The business has a fifty day simple moving average of $32.94 and a 200-day simple moving average of $31.17.

Cambria Large Cap Shareholder Yield ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were given a dividend of $0.1830 per share. The ex-dividend date of this dividend was Friday, September 18th. This is a positive change from Cambria Large Cap Shareholder Yield ETF’s previous quarterly dividend of $0.1071. This represents a $0.73 dividend on an annualized basis and a yield of 2.2%.

About Cambria Large Cap Shareholder Yield ETF

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.