Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Sees Significant Increase in Short Interest

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,747 shares, an increase of 113.3% from the May 14th total of 819 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 829 shares, the short-interest ratio is currently 2.1 days.

Cambria Large Cap Shareholder Yield ETF Stock Performance

BATS:LYLD opened at $30.72 on Monday. The firm has a market cap of $5.38 million and a price-to-earnings ratio of 12.86. Cambria Large Cap Shareholder Yield ETF has a 52 week low of $25.63 and a 52 week high of $30.72. The firm has a 50-day moving average price of $29.85 and a two-hundred day moving average price of $29.21.

Institutional Investors Weigh In On Cambria Large Cap Shareholder Yield ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kesler Norman & Wride LLC increased its stake in Cambria Large Cap Shareholder Yield ETF by 10.2% in the 4th quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock valued at $561,000 after buying an additional 1,868 shares during the last quarter. Cambria Investment Management L.P. increased its stake in Cambria Large Cap Shareholder Yield ETF by 1.0% in the 3rd quarter. Cambria Investment Management L.P. now owns 108,473 shares of the company’s stock valued at $3,002,000 after buying an additional 1,030 shares during the last quarter. Finally, Betterment LLC increased its stake in Cambria Large Cap Shareholder Yield ETF by 11.1% in the 3rd quarter. Betterment LLC now owns 20,767 shares of the company’s stock valued at $575,000 after buying an additional 2,082 shares during the last quarter.

About Cambria Large Cap Shareholder Yield ETF

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.