Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Stock Short Interest Drops 85.1%

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 3,270 shares, a drop of 85.1% from the September 30th total of 21,987 shares. Based on an average daily trading volume, of 2,732 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the company’s shares are short sold.

Cambria Micro and Small Cap Shareholder Yield ETF Stock Performance

Shares of Cambria Micro and Small Cap Shareholder Yield ETF stock opened at $33.31 on Tuesday. The business’s 50 day moving average price is $32.97 and its 200 day moving average price is $30.86. The company has a market cap of $18.32 million, a price-to-earnings ratio of 9.06 and a beta of 0.82. Cambria Micro and Small Cap Shareholder Yield ETF has a one year low of $24.58 and a one year high of $34.30.

Cambria Micro and Small Cap Shareholder Yield ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were paid a $0.2412 dividend. This is a boost from Cambria Micro and Small Cap Shareholder Yield ETF’s previous quarterly dividend of $0.1834. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. ALM First Financial Advisors LLC acquired a new stake in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 365,477 shares of the company’s stock, valued at approximately $11,650,000. Cambria Micro and Small Cap Shareholder Yield ETF accounts for about 1.8% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest position. ALM First Financial Advisors LLC owned about 66.45% of Cambria Micro and Small Cap Shareholder Yield ETF at the end of the most recent reporting period.

About Cambria Micro and Small Cap Shareholder Yield ETF

The Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) is an exchange-traded fund that mostly invests in extended market equity. The fund offers active exposure to equity securities of micro- and small-sized companies in the US. Securities are selected based on shareholder yield characterized by dividends, net shares buybacks, and debt paydown. MYLD was launched on Jan 4, 2024 and is issued by Cambria.