Hennessy Sustainable ETF (NASDAQ:STNC – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 50 shares, a drop of 93.1% from the July 30th total of 725 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,191 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of Hennessy Sustainable ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. purchased a new position in shares of Hennessy Sustainable ETF during the second quarter worth $84,000. Raymond James Financial Inc. purchased a new stake in shares of Hennessy Sustainable ETF in the 2nd quarter valued at $96,000. O Shaughnessy Asset Management LLC acquired a new position in Hennessy Sustainable ETF during the 4th quarter worth about $202,000. Finally, Cetera Investment Advisers lifted its stake in Hennessy Sustainable ETF by 67.6% during the 2nd quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock worth $383,000 after acquiring an additional 5,005 shares in the last quarter.
Hennessy Sustainable ETF Stock Performance
Hennessy Sustainable ETF stock opened at $36.64 on Wednesday. The company’s 50 day simple moving average is $37.17 and its 200-day simple moving average is $36.06. The company has a market capitalization of $92.33 million, a price-to-earnings ratio of 19.83 and a beta of 0.84. Hennessy Sustainable ETF has a 1 year low of $31.60 and a 1 year high of $38.53.
About Hennessy Sustainable ETF
The Hennessy Stance ESG ETF (STNC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of US firms screened for ESG criteria. The fund utilizes the Blue Tractor non-transparent model. STNC was launched on Mar 16, 2021 and is issued by Hennessy.
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