Cambria Global Tail Risk ETF (BATS:FAIL) Trading Up 0.2% – Time to Buy?

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

Cambria Global Tail Risk ETF Trading Up 0.2 %

The stock has a market cap of $2.46 million, a PE ratio of 12.42 and a beta of -0.29. The business has a 50-day moving average price of $16.73 and a 200 day moving average price of $16.65.

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 grew its holdings in Cambria Global Tail Risk ETF (BATS:FAIL) by 159.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,908 shares of the company’s stock after purchasing an additional 33,150 shares during the period. Jane Street Group LLC owned approximately 35.94% of Cambria Global Tail Risk ETF worth $910,000 at the end of the most recent quarter.

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.