Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Sees Large Growth in Short Interest

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 11,227 shares, an increase of 243.3% from the October 15th total of 3,270 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 2,213 shares, the days-to-cover ratio is presently 5.1 days.

Cambria Micro and Small Cap Shareholder Yield ETF Trading Down 0.9%

Shares of BATS:MYLD opened at $33.01 on Friday. The company has a market capitalization of $52.82 million, a price-to-earnings ratio of 12.52 and a beta of 0.90. Cambria Micro and Small Cap Shareholder Yield ETF has a 12-month low of $24.58 and a 12-month high of $34.59. The business has a 50-day moving average price of $32.95 and a 200 day moving average price of $31.23.

Cambria Micro and Small Cap Shareholder Yield ETF Increases Dividend

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

Institutional Investors Weigh In On Cambria Micro and Small Cap Shareholder Yield ETF

A hedge fund recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. Ascentis Independent Advisors acquired a new position in Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 891 shares of the company’s stock, valued at approximately $25,000. Ascentis Independent Advisors owned about 0.16% of Cambria Micro and Small Cap Shareholder Yield ETF as of its most recent filing with the Securities and Exchange Commission.

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.