Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Update

Clough Select Equity ETF (NYSEARCA:CBSE) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 2,130 shares, a decrease of 73.6% from the May 31st total of 8,081 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 5,572 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Clough Select Equity ETF

An institutional investor recently raised its stake in Clough Select Equity ETF stock. JPMorgan Chase & Co. raised its stake in Clough Select Equity ETF (NYSEARCA:CBSE) by 6.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 204,324 shares of the company’s stock after buying an additional 12,624 shares during the quarter. JPMorgan Chase & Co. owned approximately 27.61% of Clough Select Equity ETF worth $7,508,000 as of its most recent SEC filing.

Clough Select Equity ETF Trading Up 1.0%

NYSEARCA CBSE traded up $0.49 on Monday, hitting $51.56. 1,920 shares of the stock traded hands, compared to its average volume of 5,380. The company has a market capitalization of $53.11 million, a P/E ratio of 27.87 and a beta of 1.19. Clough Select Equity ETF has a twelve month low of $33.50 and a twelve month high of $52.82. The stock has a 50-day moving average of $48.91 and a 200 day moving average of $44.23.

Clough Select Equity ETF Company Profile

The Changebridge Capital Sustainable Equity ETF (CBSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser. CBSE was launched on Nov 13, 2020 and is managed by Changebridge Capital.