Cambria Global Tail Risk ETF (BATS:FAIL) Stock Price Up 0.2% – What’s Next?

Cambria Global Tail Risk ETF (BATS:FAIL) shot up 0.2% during mid-day trading on Friday . The company traded as high as $16.40 and last traded at $16.40. 89 shares changed hands during mid-day trading, The stock had previously closed at $16.37.

Cambria Global Tail Risk ETF Stock Up 0.2 %

The firm has a 50 day moving average of $16.73 and a 200-day moving average of $16.65. The company has a market cap of $2.46 million, a P/E ratio of 12.42 and a beta of -0.29.

Hedge Funds Weigh In On Cambria Global Tail Risk ETF

An institutional investor recently raised its position in Cambria Global Tail Risk ETF stock. Jane Street Group LLC increased its holdings in Cambria Global Tail Risk ETF (BATS:FAIL) by 159.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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.