Stance Sustainable Beta ETF (NASDAQ:CHGX) Stock Short Interest Rises 1,470.8%

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 23,954 shares, an increase of 1,470.8% from the September 15th total of 1,525 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 17,185 shares, the short-interest ratio is currently 1.4 days.

Stance Sustainable Beta ETF Price Performance

NASDAQ CHGX traded up $0.26 on Friday, hitting $33.84. 5,226 shares of the stock were exchanged, compared to its average volume of 14,361. The company has a market capitalization of $180.71 million, a PE ratio of 24.93 and a beta of 1.07. The business’s fifty day moving average is $33.46 and its 200 day moving average is $31.90. Stance Sustainable Beta ETF has a 52 week low of $25.96 and a 52 week high of $34.33.

Institutional Investors Weigh In On Stance Sustainable Beta ETF

Several hedge funds have recently bought and sold shares of CHGX. Farther Finance Advisors LLC lifted its holdings in Stance Sustainable Beta ETF by 28.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,709 shares of the company’s stock valued at $452,000 after purchasing an additional 3,060 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Stance Sustainable Beta ETF by 68.1% in the second quarter. Envestnet Asset Management Inc. now owns 51,848 shares of the company’s stock valued at $1,722,000 after purchasing an additional 21,006 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Stance Sustainable Beta ETF in the second quarter valued at about $467,000. Natural Investments LLC raised its position in shares of Stance Sustainable Beta ETF by 17.4% in the second quarter. Natural Investments LLC now owns 369,592 shares of the company’s stock valued at $12,273,000 after purchasing an additional 54,716 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Stance Sustainable Beta ETF during the 1st quarter worth about $611,000.

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.