Cambria Value and Momentum ETF (BATS:VAMO) Short Interest Update

Cambria Value and Momentum ETF (BATS:VAMO) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 25,346 shares, an increase of 107.1% from the May 31st total of 12,239 shares. Based on an average daily trading volume, of 134,273 shares, the short-interest ratio is currently 0.2 days. Approximately 1.4% of the company’s stock are sold short.

Cambria Value and Momentum ETF Price Performance

BATS:VAMO opened at $36.03 on Tuesday. The firm’s 50-day moving average price is $35.38 and its 200-day moving average price is $35.24. The company has a market capitalization of $64.85 million, a PE ratio of 13.51 and a beta of 0.33. Cambria Value and Momentum ETF has a 1-year low of $30.04 and a 1-year high of $36.34.

Institutional Investors Weigh In On Cambria Value and Momentum ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cambria Investment Management L.P. increased its stake in shares of Cambria Value and Momentum ETF by 41.2% during the third quarter. Cambria Investment Management L.P. now owns 625,547 shares of the company’s stock valued at $19,713,000 after purchasing an additional 182,494 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Cambria Value and Momentum ETF by 1.7% in the 1st quarter. Empowered Funds LLC now owns 373,942 shares of the company’s stock worth $13,267,000 after purchasing an additional 6,398 shares in the last quarter. Bravias Capital Group LLC boosted its position in shares of Cambria Value and Momentum ETF by 16.1% in the 1st quarter. Bravias Capital Group LLC now owns 174,706 shares of the company’s stock worth $6,199,000 after purchasing an additional 24,228 shares in the last quarter. LPL Financial LLC grew its stake in shares of Cambria Value and Momentum ETF by 3.4% in the 4th quarter. LPL Financial LLC now owns 109,332 shares of the company’s stock worth $3,732,000 after buying an additional 3,559 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Cambria Value and Momentum ETF by 5.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 11,541 shares of the company’s stock worth $394,000 after buying an additional 637 shares during the last quarter.

About Cambria Value and Momentum ETF

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio. VAMO was launched on Sep 9, 2015 and is managed by Cambria.