Short Interest in Cambria Trinity ETF (BATS:TRTY) Rises By 527.4%

Cambria Trinity ETF (BATS:TRTY) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 11,607 shares, an increase of 527.4% from the July 15th total of 1,850 shares. Based on an average trading volume of 9,025 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the company’s shares are sold short.

Cambria Trinity ETF Stock Performance

TRTY stock opened at $31.49 on Friday. The company has a fifty day moving average price of $30.73 and a 200-day moving average price of $30.64. The company has a market capitalization of $135.41 million, a P/E ratio of 11.85 and a beta of 0.42. Cambria Trinity ETF has a 52-week low of $26.77 and a 52-week high of $31.52.

Institutional Trading of Cambria Trinity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sound Financial Strategies Group LLC acquired a new position in Cambria Trinity ETF during the 2nd quarter worth about $17,479,000. LPL Financial LLC grew its position in shares of Cambria Trinity ETF by 82.7% in the 4th quarter. LPL Financial LLC now owns 80,927 shares of the company’s stock valued at $2,305,000 after buying an additional 36,644 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of Cambria Trinity ETF by 50.9% in the third quarter. Citadel Advisors LLC now owns 33,885 shares of the company’s stock valued at $943,000 after buying an additional 11,430 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of Cambria Trinity ETF in the third quarter valued at about $239,000. Finally, Jane Street Group LLC bought a new position in shares of Cambria Trinity ETF during the second quarter worth about $212,000.

Cambria Trinity ETF Company Profile

The Cambria Trinity ETF (TRTY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with exposure to a variety of asset classes, including equity, fixed income, real estate, commodities, and currencies. The fund seeks income and capital appreciation. TRTY was launched on Sep 10, 2018 and is managed by Cambria.