Cambria Global Value ETF (BATS:GVAL) Short Interest Down 61.9% in July

Cambria Global Value ETF (BATS:GVAL) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 164,816 shares, a decrease of 61.9% from the July 15th total of 432,662 shares. Based on an average daily trading volume, of 128,314 shares, the short-interest ratio is presently 1.3 days. Approximately 1.9% of the company’s stock are short sold.

Cambria Global Value ETF Stock Performance

Shares of BATS:GVAL opened at $38.43 on Friday. The company has a market cap of $330.50 million, a P/E ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a one year low of $28.34 and a one year high of $38.52. The business’s 50-day simple moving average is $36.84 and its 200 day simple moving average is $35.48.

Institutional Investors Weigh In On Cambria Global Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GVAL. ALM First Financial Advisors LLC boosted its stake in shares of Cambria Global Value ETF by 53.2% during the 2nd quarter. ALM First Financial Advisors LLC now owns 1,564,110 shares of the company’s stock valued at $56,339,000 after buying an additional 543,319 shares during the last quarter. MML Investors Services LLC increased its stake in shares of Cambria Global Value ETF by 2,450.1% in the fourth quarter. MML Investors Services LLC now owns 329,093 shares of the company’s stock worth $10,357,000 after buying an additional 316,188 shares during the last quarter. Rockport Wealth LLC increased its stake in shares of Cambria Global Value ETF by 36.0% in the first quarter. Rockport Wealth LLC now owns 260,085 shares of the company’s stock worth $8,627,000 after buying an additional 68,878 shares during the last quarter. D.A. Davidson & CO. raised its holdings in Cambria Global Value ETF by 92.5% in the first quarter. D.A. Davidson & CO. now owns 234,069 shares of the company’s stock valued at $7,764,000 after acquiring an additional 112,473 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in Cambria Global Value ETF by 1.7% in the first quarter. Empowered Funds LLC now owns 210,333 shares of the company’s stock valued at $6,977,000 after acquiring an additional 3,598 shares in the last quarter.

About Cambria Global Value ETF

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.