Short Interest in Clough Hedged Equity ETF (NYSEARCA:CBLS) Increases By 2,962.2%

Clough Hedged Equity ETF (NYSEARCA:CBLS) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,155 shares, a growth of 2,962.2% from the November 30th total of 201 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 11,443 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 11,443 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s stock are sold short.

Clough Hedged Equity ETF Stock Down 0.3%

Shares of NYSEARCA CBLS traded down $0.08 during midday trading on Wednesday, hitting $27.90. The stock had a trading volume of 19,208 shares, compared to its average volume of 6,321. The business’s 50 day moving average is $28.02 and its 200-day moving average is $28.33. Clough Hedged Equity ETF has a 52 week low of $24.37 and a 52 week high of $29.68. The company has a market cap of $41.01 million, a P/E ratio of 28.48 and a beta of 0.55.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Clough Hedged Equity ETF stock. Raymond James Financial Inc. increased its holdings in shares of Clough Hedged Equity ETF (NYSEARCA:CBLS) by 0.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 120,523 shares of the company’s stock after purchasing an additional 523 shares during the quarter. Raymond James Financial Inc. owned 7.83% of Clough Hedged Equity ETF worth $3,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Clough Hedged Equity ETF Company Profile

The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.