Short Interest in Cambria Global Asset Allocation ETF (BATS:GAA) Decreases By 56.4%

Cambria Global Asset Allocation ETF (BATS:GAA) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 9,173 shares, a decrease of 56.4% from the June 30th total of 21,026 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 5,173 shares, the short-interest ratio is currently 1.8 days.

Cambria Global Asset Allocation ETF Price Performance

Shares of BATS GAA opened at $34.98 on Monday. The business’s 50 day moving average is $34.86 and its two-hundred day moving average is $34.45. Cambria Global Asset Allocation ETF has a 1-year low of $29.99 and a 1-year high of $35.88. The stock has a market capitalization of $64.71 million, a P/E ratio of 10.59 and a beta of 0.50.

Institutional Trading of Cambria Global Asset Allocation ETF

A number of large investors have recently made changes to their positions in GAA. Susquehanna International Group LLP purchased a new stake in shares of Cambria Global Asset Allocation ETF in the third quarter worth about $219,000. Snowden Capital Advisors LLC purchased a new position in Cambria Global Asset Allocation ETF during the second quarter valued at approximately $201,000. LPL Financial LLC lifted its holdings in Cambria Global Asset Allocation ETF by 2.3% in the fourth quarter. LPL Financial LLC now owns 281,859 shares of the company’s stock valued at $9,163,000 after acquiring an additional 6,369 shares during the period. Professional Financial Advisors LLC lifted its holdings in Cambria Global Asset Allocation ETF by 9.3% in the fourth quarter. Professional Financial Advisors LLC now owns 54,914 shares of the company’s stock valued at $1,785,000 after acquiring an additional 4,676 shares during the period. Finally, StoneX Group Inc. lifted its holdings in Cambria Global Asset Allocation ETF by 4.8% in the fourth quarter. StoneX Group Inc. now owns 74,258 shares of the company’s stock valued at $2,414,000 after acquiring an additional 3,430 shares during the period.

Cambria Global Asset Allocation ETF Company Profile

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility. GAA was launched on Dec 9, 2014 and is managed by Cambria.