Cambria Tax Aware ETF (NASDAQ:TAX) Sees Large Decrease in Short Interest

Cambria Tax Aware ETF (NASDAQ:TAX) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 336 shares, a drop of 75.4% from the February 12th total of 1,364 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,103 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 1,103 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Cambria Tax Aware ETF Stock Down 0.5%

NASDAQ TAX opened at $27.71 on Wednesday. The stock has a market cap of $23.00 million, a PE ratio of 34.64 and a beta of 1.32. Cambria Tax Aware ETF has a fifty-two week low of $20.00 and a fifty-two week high of $29.66. The business has a 50 day moving average price of $28.95 and a two-hundred day moving average price of $28.34.

Cambria Tax Aware ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.0979 dividend. The ex-dividend date was Tuesday, December 23rd. Cambria Tax Aware ETF’s dividend payout ratio is 6.25%.

Hedge Funds Weigh In On Cambria Tax Aware ETF

An institutional investor recently bought a new position in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. acquired a new stake in Cambria Tax Aware ETF (NASDAQ:TAX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. 49.01% of the stock is owned by institutional investors and hedge funds.

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.