Short Interest in Stance Sustainable Beta ETF (NASDAQ:CHGX) Decreases By 70.5%

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,045 shares, a decline of 70.5% from the August 15th total of 6,936 shares. Based on an average trading volume of 6,631 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Stance Sustainable Beta ETF Price Performance

Shares of CHGX traded up $0.36 during trading hours on Friday, reaching $32.99. 5,173 shares of the company’s stock traded hands, compared to its average volume of 12,248. Stance Sustainable Beta ETF has a twelve month low of $25.96 and a twelve month high of $34.33. The business’s fifty day simple moving average is $33.16 and its two-hundred day simple moving average is $31.13. The firm has a market capitalization of $173.20 million, a price-to-earnings ratio of 24.93 and a beta of 1.07.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC bought a new position in shares of Stance Sustainable Beta ETF in the fourth quarter valued at $28,000. Ascentis Independent Advisors acquired a new position in shares of Stance Sustainable Beta ETF in the 1st quarter worth $64,000. Raymond James Financial Inc. acquired a new stake in shares of Stance Sustainable Beta ETF during the second quarter worth $91,000. Creative Planning purchased a new stake in shares of Stance Sustainable Beta ETF during the second quarter valued at $210,000. Finally, Mirae Asset Securities USA Inc. lifted its holdings in shares of Stance Sustainable Beta ETF by 66.8% during the fourth quarter. Mirae Asset Securities USA Inc. now owns 13,712 shares of the company’s stock valued at $373,000 after purchasing an additional 5,489 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.