Stance Sustainable Beta ETF (NASDAQ:CHGX) Sees Large Drop in Short Interest

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 7,402 shares, a decline of 27.0% from the February 12th total of 10,137 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 8,471 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 8,471 shares, the short-interest ratio is presently 0.9 days. Approximately 0.1% of the shares of the stock are sold short.

Stance Sustainable Beta ETF Price Performance

CHGX stock opened at $27.20 on Monday. Stance Sustainable Beta ETF has a 12 month low of $20.56 and a 12 month high of $37.88. The firm has a market cap of $138.18 million, a PE ratio of 24.93 and a beta of 1.05. The firm has a 50 day simple moving average of $27.97 and a 200 day simple moving average of $27.51.

Institutional Investors Weigh In On Stance Sustainable Beta ETF

A number of institutional investors and hedge funds have recently modified their holdings of CHGX. Kestra Advisory Services LLC acquired a new position in shares of Stance Sustainable Beta ETF in the 4th quarter worth $28,000. Evolution Advisers Inc. purchased a new stake in shares of Stance Sustainable Beta ETF during the fourth quarter valued at $41,000. PNC Financial Services Group Inc. boosted its position in shares of Stance Sustainable Beta ETF by 55.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,181 shares of the company’s stock valued at $57,000 after purchasing an additional 779 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Stance Sustainable Beta ETF by 55.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,159 shares of the company’s stock valued at $82,000 after purchasing an additional 1,128 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Stance Sustainable Beta ETF in the 2nd quarter worth about $91,000.

About Stance Sustainable Beta ETF

The AXS Change Finance ESG ETF (CHGX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 US large-cap stocks that meet diverse environmental, social, and governance standards.