Short Interest in Cambria Tactical Yield ETF (BATS:TYLD) Rises By 370.1%

Cambria Tactical Yield ETF (BATS:TYLD) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 2,576 shares, an increase of 370.1% from the June 15th total of 548 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 2,920 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC boosted its stake in shares of Cambria Tactical Yield ETF by 7.5% in the 3rd quarter. Citadel Advisors LLC now owns 11,938 shares of the company’s stock valued at $302,000 after purchasing an additional 833 shares in the last quarter. Betterment LLC acquired a new stake in shares of Cambria Tactical Yield ETF in the second quarter valued at $683,000. Jane Street Group LLC raised its holdings in shares of Cambria Tactical Yield ETF by 63.5% in the first quarter. Jane Street Group LLC now owns 49,265 shares of the company’s stock valued at $1,246,000 after buying an additional 19,125 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in Cambria Tactical Yield ETF in the 4th quarter valued at about $3,505,000. Finally, Cambria Investment Management L.P. increased its position in Cambria Tactical Yield ETF by 1.1% in the 3rd quarter. Cambria Investment Management L.P. now owns 333,520 shares of the company’s stock valued at $8,437,000 after acquiring an additional 3,508 shares in the last quarter.

Cambria Tactical Yield ETF Stock Performance

TYLD opened at $25.30 on Tuesday. The stock’s 50 day simple moving average is $25.28 and its 200-day simple moving average is $25.24. Cambria Tactical Yield ETF has a 1 year low of $25.05 and a 1 year high of $25.53.

About Cambria Tactical Yield ETF

The Cambria Tactical Yield ETF (TYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that tactically allocates between fixed income securities and US T-Bills based on yield spreads. The fund may invest in bonds of any credit rating and maturity issued by governments and corporations from around the globe TYLD was launched on Jan 4, 2024 and is issued by Cambria.