(MYLD) Cambria Micro Smallcap - Ratings and Ratios

The Cambria Micro And Smallcap Shareholder Yield ETF (BATS:MYLD) is an actively managed exchange-traded fund that employs a model-based strategy to achieve its investment objective. It primarily invests in equity securities, including common stock, of U.S.-based micro and small-cap companies that exhibit high shareholder yield, allocating at least 80% of its net assets, plus borrowings for investment purposes, under normal market conditions.

MYLD focuses on small value investments, targeting companies with characteristics that are likely to generate strong returns for shareholders. The funds investment approach is centered around identifying micro and small-cap companies with high shareholder yield, which is a measure of the total return a shareholder receives from a company, including dividends, share buybacks, and debt reduction.

Analyzing the funds technical data, we observe that the last price is $22.38, slightly above its 20-day simple moving average (SMA) of $22.22, indicating a potential bullish trend. The 50-day SMA is $21.86, further supporting this trend. However, the 200-day SMA stands at $24.20, suggesting that the fund is currently trading below its long-term average. The Average True Range (ATR) is 0.41, equivalent to 1.84%, indicating moderate volatility.

Considering the funds fundamental data, the Assets Under Management (AUM) stand at $11.01 million USD. While this is a relatively small AUM, it does not necessarily impact the funds investment strategy or its ability to achieve its objectives.

Forecasting the funds performance, we can expect MYLD to continue its bullish trend in the short term, driven by its focus on high shareholder yield micro and small-cap companies. However, the funds long-term performance may be influenced by its ability to adapt to changing market conditions and maintain its investment strategy. Based on the technical data, a potential price target could be the 52-week high of $27.18, representing a 21.5% increase from the current price. Conversely, a decline to the 52-week low of $19.51 would represent a 12.8% decrease. Therefore, investors should closely monitor the funds performance and adjust their strategies accordingly.