Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Short Interest Update

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,747 shares, a growth of 113.3% from the May 14th total of 819 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 829 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Betterment LLC raised its stake in shares of Cambria Large Cap Shareholder Yield ETF by 11.1% in the third quarter. Betterment LLC now owns 20,767 shares of the company’s stock valued at $575,000 after acquiring an additional 2,082 shares during the last quarter. Kesler Norman & Wride LLC grew its position in Cambria Large Cap Shareholder Yield ETF by 10.2% during the 4th quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock worth $561,000 after acquiring an additional 1,868 shares during the last quarter. Finally, Cambria Investment Management L.P. grew its position in Cambria Large Cap Shareholder Yield ETF by 1.0% during the 3rd quarter. Cambria Investment Management L.P. now owns 108,473 shares of the company’s stock worth $3,002,000 after acquiring an additional 1,030 shares during the last quarter.

Cambria Large Cap Shareholder Yield ETF Stock Up 0.7%

Shares of LYLD stock opened at $30.72 on Friday. The company has a market capitalization of $5.38 million and a P/E ratio of 12.86. Cambria Large Cap Shareholder Yield ETF has a 12-month low of $25.63 and a 12-month high of $30.72. The firm has a 50-day moving average price of $29.85 and a 200 day moving average price of $29.19.

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.