Cambria Fixed Income Trend ETF (BATS:CFIT) Stock Short Interest Report for October

Cambria Fixed Income Trend ETF (BATS:CFIT) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,153 shares, a decline of 94.6% from the October 15th total of 39,763 shares. Based on an average trading volume of 16,087 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CFIT. Kintra Wealth LLC acquired a new stake in Cambria Fixed Income Trend ETF during the second quarter valued at approximately $756,000. Sound Financial Strategies Group LLC acquired a new position in Cambria Fixed Income Trend ETF during the second quarter worth $15,231,000. Envestnet Asset Management Inc. raised its stake in Cambria Fixed Income Trend ETF by 23.5% during the second quarter. Envestnet Asset Management Inc. now owns 15,948 shares of the company’s stock worth $416,000 after acquiring an additional 3,031 shares in the last quarter. Finally, Sanders Morris Harris LLC acquired a new position in Cambria Fixed Income Trend ETF during the third quarter worth $327,000.

Cambria Fixed Income Trend ETF Price Performance

Cambria Fixed Income Trend ETF stock opened at $25.00 on Thursday. Cambria Fixed Income Trend ETF has a 12 month low of $24.42 and a 12 month high of $26.45. The business has a 50 day moving average price of $25.23 and a two-hundred day moving average price of $25.62.

Cambria Fixed Income Trend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were given a $0.3025 dividend. This represents a $1.21 annualized dividend and a yield of 4.8%. This is a boost from Cambria Fixed Income Trend ETF’s previous quarterly dividend of $0.1031. The ex-dividend date of this dividend was Friday, September 18th.

About Cambria Fixed Income Trend ETF

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.