Clough Hedged Equity ETF (NYSEARCA:CBLS) Short Interest Update

Clough Hedged Equity ETF (NYSEARCA:CBLS) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 10,216 shares, a growth of 157.7% from the January 29th total of 3,964 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 5,907 shares, the days-to-cover ratio is currently 1.7 days. Based on an average trading volume of 5,907 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the company’s stock are short sold.

Clough Hedged Equity ETF Trading Down 1.1%

Shares of NYSEARCA:CBLS opened at $30.53 on Friday. The company has a market capitalization of $47.63 million, a PE ratio of 28.48 and a beta of 0.55. Clough Hedged Equity ETF has a 12-month low of $24.37 and a 12-month high of $30.89. The business’s fifty day simple moving average is $29.46 and its 200-day simple moving average is $28.65.

Clough Hedged Equity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a $0.247 dividend. The ex-dividend date was Tuesday, December 30th.

Institutional Trading of Clough Hedged Equity ETF

An institutional investor recently raised its position in Clough Hedged Equity ETF stock. Royal Bank of Canada lifted its position in Clough Hedged Equity ETF (NYSEARCA:CBLS) by 74.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,547 shares of the company’s stock after buying an additional 4,488 shares during the period. Royal Bank of Canada owned approximately 0.68% of Clough Hedged Equity ETF worth $276,000 as of its most recent SEC filing.

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.