Cambria Tax Aware ETF (NASDAQ:TAX) Short Interest Down 45.9% in July

Cambria Tax Aware ETF (NASDAQ:TAX) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 85 shares, a decrease of 45.9% from the July 15th total of 157 shares. Based on an average daily volume of 1,072 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Cambria Tax Aware ETF

An institutional investor recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. acquired a new stake in shares of Cambria Tax Aware ETF (NASDAQ:TAX) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned about 1.38% of Cambria Tax Aware ETF as of its most recent SEC filing. 49.01% of the stock is currently owned by hedge funds and other institutional investors.

Cambria Tax Aware ETF Stock Performance

Shares of Cambria Tax Aware ETF stock traded down $0.00 on Monday, hitting $32.20. 34 shares of the company traded hands, compared to its average volume of 2,129. Cambria Tax Aware ETF has a 52 week low of $26.30 and a 52 week high of $32.20. The business has a 50-day simple moving average of $30.95 and a 200 day simple moving average of $29.60. The stock has a market capitalization of $26.40 million, a P/E ratio of 40.25 and a beta of 0.94.

About Cambria Tax Aware ETF

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.