Cambria Global Momentum ETF (BATS:GMOM – Get Free Report) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 1,409 shares, a decrease of 80.9% from the October 15th total of 7,358 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,336 shares, the days-to-cover ratio is presently 0.2 days.
Cambria Global Momentum ETF Stock Performance
BATS:GMOM opened at $36.75 on Thursday. Cambria Global Momentum ETF has a 1 year low of $31.59 and a 1 year high of $39.05. The stock has a market cap of $135.97 million, a P/E ratio of 15.73 and a beta of 0.45. The stock has a 50-day simple moving average of $38.20 and a 200-day simple moving average of $37.13.
Cambria Global Momentum ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd were issued a $0.0987 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 1.1%. This is a negative change from Cambria Global Momentum ETF’s previous quarterly dividend of $0.1539. The ex-dividend date of this dividend was Tuesday, September 22nd.
Hedge Funds Weigh In On Cambria Global Momentum ETF
Cambria Global Momentum ETF Company Profile
The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income. GMOM was launched on Nov 4, 2014 and is managed by Cambria.
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