Short Interest in Cambria Tax Aware ETF (NASDAQ:TAX) Rises By 131.1%

Cambria Tax Aware ETF (NASDAQ:TAX) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 171 shares, a growth of 131.1% from the November 30th total of 74 shares. Based on an average trading volume of 261 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 261 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Cambria Tax Aware ETF

A hedge fund recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. purchased a new stake in Cambria Tax Aware ETF (NASDAQ:TAX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned about 1.38% of Cambria Tax Aware ETF at the end of the most recent reporting period. 49.01% of the stock is currently owned by institutional investors.

Cambria Tax Aware ETF Price Performance

Shares of NASDAQ TAX opened at $28.94 on Monday. Cambria Tax Aware ETF has a fifty-two week low of $20.00 and a fifty-two week high of $29.32. The firm has a market capitalization of $30.68 million, a P/E ratio of 36.18 and a beta of 1.32. The company’s 50 day simple moving average is $28.33 and its 200 day simple moving average is $27.31.

Cambria Tax Aware ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.0979 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. Cambria Tax Aware ETF’s dividend payout ratio is 6.25%.

Cambria Tax Aware ETF Company Profile

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.