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

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 8,736 shares, an increase of 40.9% from the March 31st total of 6,198 shares. Based on an average daily volume of 9,961 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Stance Sustainable Beta ETF Trading Down 1.0%

CHGX traded down $0.31 during trading hours on Tuesday, hitting $29.39. The company’s stock had a trading volume of 4,660 shares, compared to its average volume of 8,904. The stock has a market cap of $147.54 million, a price-to-earnings ratio of 24.93 and a beta of 1.05. The business’s 50-day moving average price is $27.94 and its 200-day moving average price is $27.69. Stance Sustainable Beta ETF has a 12 month low of $23.14 and a 12 month high of $29.88.

Institutional Trading of Stance Sustainable Beta ETF

Several hedge funds have recently made changes to their positions in CHGX. Kestra Advisory Services LLC purchased a new stake in Stance Sustainable Beta ETF during the 4th quarter valued at $28,000. PFG Investments LLC increased its position in Stance Sustainable Beta ETF by 0.3% during the first quarter. PFG Investments LLC now owns 425,708 shares of the company’s stock valued at $11,417,000 after acquiring an additional 1,292 shares during the last quarter. Evolution Advisers Inc. purchased a new stake in shares of Stance Sustainable Beta ETF in the fourth quarter valued at $41,000. Rossby Financial LCC boosted its stake in shares of Stance Sustainable Beta ETF by 28.1% during the 3rd quarter. Rossby Financial LCC now owns 7,377 shares of the company’s stock worth $203,000 after purchasing an additional 1,616 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in Stance Sustainable Beta ETF by 108.0% during the 4th quarter. Farther Finance Advisors LLC now owns 5,442 shares of the company’s stock valued at $148,000 after purchasing an additional 2,826 shares during the last quarter.

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.