Cambria Global Tail Risk ETF (BATS:FAIL) Trading Down 0.2% – What’s Next?

Cambria Global Tail Risk ETF (BATS:FAIL)’s share price fell 0.2% during trading on Thursday . The stock traded as low as $16.10 and last traded at $16.18. 263 shares were traded during mid-day trading, The stock had previously closed at $16.21.

Cambria Global Tail Risk ETF Stock Down 0.2 %

The business has a 50 day simple moving average of $16.41 and a two-hundred day simple moving average of $16.60. The firm has a market cap of $2.42 million, a PE ratio of 12.42 and a beta of -0.29.

Institutional Investors Weigh In On Cambria Global Tail Risk ETF

A hedge fund recently raised its stake in Cambria Global Tail Risk ETF stock. Jane Street Group LLC raised its position in shares of Cambria Global Tail Risk ETF (BATS:FAIL) by 159.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,908 shares of the company’s stock after acquiring an additional 33,150 shares during the quarter. Jane Street Group LLC owned approximately 35.94% of Cambria Global Tail Risk ETF worth $910,000 as of its most recent SEC filing.

Cambria Global Tail Risk ETF Company Profile

The Cambria Global Tail Risk ETF (FAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund aims to provide a defensive approach to global ex-US equities by actively managing put options with similar exposure and managing the collateral of the fund consisting mostly of cash and government bonds.