Cambria Global Real Estate ETF (BATS:BLDG) Sees Large Increase in Short Interest

Cambria Global Real Estate ETF (BATS:BLDG) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 20,616 shares, an increase of 115.5% from the August 15th total of 9,566 shares. Based on an average daily trading volume, of 3,607 shares, the days-to-cover ratio is presently 5.7 days. Approximately 1.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BLDG. ALM First Financial Advisors LLC lifted its stake in Cambria Global Real Estate ETF by 67.1% during the 2nd quarter. ALM First Financial Advisors LLC now owns 999,500 shares of the company’s stock valued at $26,986,000 after acquiring an additional 401,373 shares in the last quarter. Flow Traders U.S. LLC grew its position in shares of Cambria Global Real Estate ETF by 108.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 84,583 shares of the company’s stock valued at $2,184,000 after acquiring an additional 44,102 shares during the period. Empowered Funds LLC increased its position in Cambria Global Real Estate ETF by 14.9% in the fourth quarter. Empowered Funds LLC now owns 264,100 shares of the company’s stock worth $6,459,000 after buying an additional 34,225 shares during the last quarter. Citadel Advisors LLC bought a new stake in Cambria Global Real Estate ETF in the 2nd quarter valued at about $467,000. Finally, Osaic Holdings Inc. raised its position in shares of Cambria Global Real Estate ETF by 318.5% in the second quarter. Osaic Holdings Inc. now owns 21,615 shares of the company’s stock valued at $540,000 after purchasing an additional 16,450 shares during the period.

Cambria Global Real Estate ETF Price Performance

Shares of BATS BLDG opened at $26.51 on Monday. The company has a market capitalization of $42.42 million, a PE ratio of 14.37 and a beta of 0.83. Cambria Global Real Estate ETF has a twelve month low of $23.44 and a twelve month high of $29.32. The firm has a fifty day simple moving average of $27.14 and a 200 day simple moving average of $26.26.

Cambria Global Real Estate ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Thursday, June 18th were paid a dividend of $0.0838 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.34 annualized dividend and a yield of 1.3%.

Cambria Global Real Estate ETF Company Profile

The Cambria Global Real Estate ETF (BLDG) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively-managed to provide exposure to the real estate sector and its related industries. Stocks are selected using Cambrias multi-factor algorithm. BLDG was launched on Sep 24, 2020 and is managed by Cambria.