Cambria Chesapeake Pure Trend ETF (BATS:MFUT) Shares Shorted: Short Interest Down 50.4% in October

Cambria Chesapeake Pure Trend ETF (BATS:MFUT) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 33,583 shares, a decrease of 50.4% from the September 30th total of 67,651 shares. Approximately 2.7% of the shares of the stock are short sold. Based on an average trading volume of 9,867 shares, the short-interest ratio is presently 3.4 days.

Cambria Chesapeake Pure Trend ETF Stock Performance

BATS:MFUT opened at $19.31 on Friday. The firm has a 50-day moving average price of $19.82 and a two-hundred day moving average price of $18.90. Cambria Chesapeake Pure Trend ETF has a twelve month low of $15.26 and a twelve month high of $22.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cambria Chesapeake Pure Trend ETF stock. ALM First Financial Advisors LLC acquired a new position in shares of Cambria Chesapeake Pure Trend ETF (BATS:MFUT) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 810,201 shares of the company’s stock, valued at approximately $15,953,000. Cambria Chesapeake Pure Trend ETF comprises about 2.5% of ALM First Financial Advisors LLC’s holdings, making the stock its 7th largest position. ALM First Financial Advisors LLC owned approximately 65.87% of Cambria Chesapeake Pure Trend ETF as of its most recent SEC filing.

Cambria Chesapeake Pure Trend ETF Company Profile

The Cambria Chesapeake Pure Trend ETF (MFUT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that seeks capital preservation and appreciation through a trend-following strategy that targets opportunities across currencies, commodities, fixed income, and equities. MFUT was launched on May 29, 2024 and is issued by Cambria.