Cambria Chesapeake Pure Trend ETF (BATS:MFUT) Sees Large Increase in Short Interest

Cambria Chesapeake Pure Trend ETF (BATS:MFUT) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 14,561 shares, an increase of 144.9% from the August 15th total of 5,945 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 8,571 shares, the days-to-cover ratio is currently 1.7 days.

Cambria Chesapeake Pure Trend ETF Stock Down 0.2%

Shares of BATS:MFUT opened at $20.09 on Friday. Cambria Chesapeake Pure Trend ETF has a twelve month low of $15.06 and a twelve month high of $22.00. The stock’s 50 day moving average is $19.36 and its 200-day moving average is $18.88.

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.