Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) Stock Short Interest Drops 85.1%

Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,270 shares, a decline of 85.1% from the September 30th total of 21,987 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 2,732 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cambria Micro and Small Cap Shareholder Yield ETF stock. ALM First Financial Advisors LLC bought a new position in shares of Cambria Micro and Small Cap Shareholder Yield ETF (BATS:MYLD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 365,477 shares of the company’s stock, valued at approximately $11,650,000. Cambria Micro and Small Cap Shareholder Yield ETF comprises about 1.8% of ALM First Financial Advisors LLC’s portfolio, making the stock its 12th biggest holding. ALM First Financial Advisors LLC owned about 66.45% of Cambria Micro and Small Cap Shareholder Yield ETF at the end of the most recent quarter.

Cambria Micro and Small Cap Shareholder Yield ETF Price Performance

Cambria Micro and Small Cap Shareholder Yield ETF stock opened at $33.31 on Tuesday. The firm has a 50 day simple moving average of $32.97 and a 200-day simple moving average of $30.86. Cambria Micro and Small Cap Shareholder Yield ETF has a 1-year low of $24.58 and a 1-year high of $34.30. The stock has a market cap of $18.32 million, a price-to-earnings ratio of 9.06 and a beta of 0.82.

Cambria Micro and Small Cap Shareholder Yield ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were given a dividend of $0.2412 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, September 18th. This is a boost from Cambria Micro and Small Cap Shareholder Yield ETF’s previous quarterly dividend of $0.1834.

Cambria Micro and Small Cap Shareholder Yield ETF Company Profile

The Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) is an exchange-traded fund that mostly invests in extended market equity. The fund offers active exposure to equity securities of micro- and small-sized companies in the US. Securities are selected based on shareholder yield characterized by dividends, net shares buybacks, and debt paydown. MYLD was launched on Jan 4, 2024 and is issued by Cambria.